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Stock impact report

VersaBank Conference: VBNK Details Deposit Tokens, Stablecoin Custody and U.S. Receivables Growth [Yahoo! Finance]

VersaBank (VBNK) 
Company Research Source: Yahoo! Finance
2025 deal flow surpassed Canada and it hit a $290 million year-end target, with plans to add an AI-driven instant receivables purchase capability. Deposit tokens vs. stablecoins — strategic focus: VersaBank positions deposit tokens as one-to-one bank ledger deposits that can pay interest, be eligible for deposit insurance and fund lending, and is piloting cross-border deposit tokens in the U.S. and Canada while also exploring licensing the technology to community banks; it views stablecoins as non-bank instruments it will offer custody for but that cannot be used for lending. Stablecoin custody and divestiture: The bank aims to provide specialized custody for third-party stablecoins as a low-cost revenue stream and expects to receive bids soon for its cybersecurity unit, DRT Cyber. Interested in VersaBank? Here are five stocks we like better. VersaBank (NASDAQ:VBNK) outlined its approach to digital assets and tokenized banking services during a presentation at OTC Markets' Vir Show less Read more
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