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Fortune

Marco Quiroz-Gutierrez

Move over stablecoins, ‘deposit tokens’ are the next big thing in crypto says JPMorgan

JPMorgan Crypto Paxos

(Credit: Erik McGregor—LightRocket via Getty Images)

One of the most important developments over the past several years in the world of crypto is the stablecoin, a variety of blockchain-enabled tokens tied to the price of fiat currencies like the U.S. dollar.

But a new study by the JPMorgan’s blockchain unit Onyx says that a prospective institution-backed cryptocurrency called a deposit token has the potential to become more popular than stablecoins.

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Colorado woman was accused of stealing by sergeant who said he’d been watching her movements for a month. She is now suing both him and Flock Safety

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