Nacha and DSA Hold Chicago Session on Stablecoins and Tokenized Deposits

Nacha and the Digital Sovereignty Alliance held a Chicago session on stablecoins and tokenized deposits during the Payments Innovation Alliance’s fall meeting, examining their use in moving money. The session took place Oct. 16, during the meeting’s Oct. 14-16 run. It was scheduled from 10:15 to 11:15 a.m. ET (14:15 to 15:15 UTC). Nacha and DSA jointly lead the Next-Gen Currency Project Team, which was the focus of the session. Nacha announced the team Sept. 9, before the Chicago meeting. Its work includes studying how digital assets are used in payments, tracking regulatory developments and preparing tools and educational materials for the payments industry. The project also aims to help firms assess how digital assets relate to traditional payment systems. The group is still being formed.

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