Banking rails are moving past the 'stablecoin winner' narrative: Sygnum

Swiss digital asset bank Sygnum and lenders including UBS and PostFinance are piloting public-yet-permissioned blockchain models for multi-asset tokenized money networks. Institutional clients demand interoperable stablecoins, tokenized deposits, and money market funds under one regulatory framework, challenging central-bank-led solutions and highlighting limited traction of euro stablecoins.