---
title: Tokenized Deposit
url: "https://www.unknowngravity.com/en/glosario/deposito-tokenizado"
site: Unknown Gravity
published: "2026-08-13T12:24:12+00:00"
modified: "2026-08-13T12:24:12+00:00"
language: en-US
description: "A tokenized deposit is your ordinary bank money represented on a blockchain: the balance is still a bank deposit — with its regulation and its guarantee — but it can now move with the advantages of a…"
section: "Home > Tokenized Deposit"
---

# Tokenized Deposit

GLOSSARY · BLOCKCHAIN & WEB3

What a tokenized deposit is: commercial bank money represented on a DLT, how it differs from a stablecoin and a CBDC, and what banks use it for.

WHAT IS IT? · FOR DUMMIES

A **tokenized deposit** is your ordinary bank money represented on a blockchain: the balance is still a bank deposit — with its regulation and its guarantee — but it can now move with the advantages of a token: 24/7, programmable, settling in seconds. It is not a new cryptocurrency: it is **the same money on better rails**.

WHAT IS IT? · PRO

A **tokenized deposit** is the DLT representation of a **commercial bank liability**: the deposit stays on the banks balance sheet and under its regime (including deposit guarantees where applicable), and the token is how it circulates. It differs from a [stablecoin](/en/glosario/stablecoin) in issuer and backing — an EMT is issued by an entity against segregated reserves; a tokenized deposit **is** bank money — and from a [CBDC](/en/glosario/cbdc) in that it is not a central-bank liability.

Its natural habitat is **wholesale and corporate payments**: 24/7 treasury, programmable payments and *delivery-versus-payment* settlement of tokenized assets, typically within permissioned networks run by the bank or by interbank consortia. The most cited reference is JPMorgans network (Kinexys, formerly JPM Coin), with European equivalents in development. The structural limitation: a banks token initially circulates **among that banks or networks clients** — interbank interoperability is the problem consortia are trying to solve.

## 01 / Key points

- Commercial bank money represented on a DLT: stays on the banks balance sheet
- Not a stablecoin (entity issuing against reserves) nor a CBDC (central bank)
- Main uses: corporate treasury, programmable payments and DvP settlement
- Circulates on permissioned networks; interbank interoperability is under construction

## 02 / Advantages

- **It is bank money**: familiar regime, deposit guarantees where applicable
- **Settlement in seconds, 24/7**, with programmable logic
- **Natural fit with tokenized assets** (DvP in one transaction)

## 03 / Disadvantages

- **Reach limited to the issuing banks network** or consortium
- **Interbank interoperability** still being built
- **Restricted access**: a corporate product, not retail, for now

This entry is informative. It is not legal, tax or investment advice. The rules cited change: check the current version on [BOE](https://www.boe.es) and [EUR-Lex](https://eur-lex.europa.eu).