US Leads Cryptocurrency Trend with Digital Certificates of Deposit

The United States is emerging as a global leader in integrating digital assets into the traditional financial system, according to a recent report by Atmos and BoxBet. With an open regulatory framework and strong participation from major financial institutions, the country is creating a standard model for the future of digital finance.

Crypto Wave Led by Financial "Big Guys"
Major banks in the US such as JPMorgan, Citibank and a series of international financial institutions such as HSBC, Barclays, UBS, Deutsche Bank, Société Générale, MUFG Bank... have established departments specializing in digital assets. This trend is not only limited to the US but also spread to major financial regions such as Europe and Asia, with the participation of many organizations from Switzerland, France, the UK, Japan and Singapore.

Tokenized Deposits – The Evolution of Traditional Certificates of Deposit
Tokenized deposits are a digital representation of traditional bank deposits, including certificates of deposit (CDs) and savings accounts. These funds are encoded into tokens and stored on the blockchain – a decentralized and secure network.

According to Vivek Raman, CEO of Etherealize, this allows for:

Uninterrupted 24/7 trading

Increased liquidity

Automated interest rates via smart contracts

Absolute transparency, reducing the risk of fraud

Fractional ownership, expanding access

Unlike traditional CDs – which are limited by maturity dates and early withdrawal fees – crypto deposits can be easily traded on digital asset platforms, providing greater flexibility and convenience for investors.

UDPN – The Foundational Architecture for Digital Asset Systems
One of the prominent initiatives in this field is the Universal Digital Payments Network (UDPN). After a series of trials with many global banks,

UDPN has officially deployed two key systems:

Encrypted deposit/stablecoin management system
– For both commercial banks and stablecoin issuers.

Full support for the process from issuance to management of digital assets.

Digital asset encryption system
– Helps banks and investment companies encrypt real-world assets such as real estate, securities, etc.

– Manage the entire asset lifecycle in a compliant environment.

Both systems can be directly integrated into existing banking systems via API and operate in on-premise or cloud environments. This provides high compatibility with traditional financial infrastructure, while ensuring strict security and compliance standards.

The Future of Digital Finance Is Built on Blockchain
With global regulations tightening on stablecoins and digital assets, developing digital financial infrastructure like UDPN is a strategic move for banks to maintain their position in the traditional financial system while expanding into the rapidly growing Web3 and DeFi sectors.

Crypto deposits are not only a fintech product, but also an essential part of the comprehensive modernization roadmap of the banking industry - an evolution from traditional financial assets to digital assets, opening an era of transparent, flexible and globalized finance.