Columbia Business professor casts doubt on tokenized bank deposits
Columbia Business professor casts doubt on tokenized bank deposits
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Omid Malekan, a Columbia Business professor, has expressed skepticism regarding tokenized bank deposits, asserting they are an inferior product compared to stablecoins due to their perceived lack of flexibility and technical features.
Tokenized bank deposits lack the flexibility and technical features of stablecoins, making them an inferior product, according to Omid Malekan.