Compare

The deposit token against the alternatives.

Three comparisons a bank's board will ask for, with the parts we do not claim stated plainly.

Where the dollar is, who bears the credit risk, how the two records are kept equal, and what happens at redemption.

Two rulebooks, a reserve and a monthly audit — to move your own deposits off your balance sheet. The cost side by side.

Partior, Fnality, Kinexys: strong on finality, closed on membership. What differs when payment institutions can issue and exchanges can join.

Which comparison matters for you?

Bring the one your board is asking about to the briefing; we will walk it through with your numbers.