The 2023 AFP Liquidity Survey found that treasurers are reducing bank deposits and moving investments toward more secure vehicles, reflecting the U.S. economic climate of 2022 and the bank failures of 2023.

The deposit token would not be intended for purchases of cryptocurrencies or as a replacement for stablecoins; it would be designed for use within the traditional financial system for payments, settlements, and similar functions.

Businesses and organizations that regularly transfer personal data from the EU to the U.S. should carefully assess whether it makes sense to rely on the new EU-U.S. Data Privacy Framework.

The firm is taking advantage of robust demand for long-dated bonds as the issuance spree roars on.