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Keeta Network and LayerZero Core bring tokenized commercial bank deposits to Ethereum, Solana, Base and Keeta Network

AI Market Summary
Keeta Network and LayerZero are enabling tokenized commercial bank deposits across Ethereum, Solana, Base and Keeta, with each token backed by an identifiable real deposit held via licensed money transmitter Bivo and banks retaining contract control. This structure improves credit quality versus pooled stablecoin reserves and could accelerate regulated on-chain cash usage, boosting cross-chain liquidity and institutional DeFi participation on major smart-contract networks.
Impact level
● Medium
Affected assets
ETH/USDT+2.08%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Keeta Network and LayerZero Core are rolling out tokenized commercial bank deposits across Ethereum, Solana, Base and the Keeta Network. The launch covers nine currencies this month, including the dollar, yen and dirham, according to The Block. Each token is backed by an individual deposit held via licensed money transmitter Bivo, rather than a pooled reserve. Issuing banks retain full contract authority over the tokens.
ETH
ETH+2.02%
SOL
SOL+1.20%
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