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