The integration of digital assets like stablecoins and tokenised deposits has transformed liquidity management from a predictable, single-system process into a fragmented, 24/7 multi-rail challenge. To navigate the unique operational and timing risks of this new financial frontier, treasury teams must move beyond legacy batch systems and adopt real-time intelligence architectures.

NA’s Carlos Leon analyzes how the ban on CBDCs under the Trump administration shifts the focus toward private-sector innovation—specifically stablecoins and blockchain—to maintain the dollar’s global dominance