Blockchain Bonds Still Cash Out Through Old Bank Rails

Key Takeaways Eurosystem accepts some DLT securities via existing rails. UK stablecoin settlement needs coin-by-coin Bank permission. Singapore token bills redeem on payment-system hours. Central-bank cash still flows through legacy rails. The World Economic Forum and Boston Consulting Group made that case in an October 28 report covering 35 jurisdictions, arguing that custody, settlement money, monetary sovereignty and collateral matter as much as how a token is classified. One bond, three systems Take a single task and follow it through three markets.