Citigroup's Ryan Rugg Highlights Challenges for Tokenized Money

Ryan Rugg from Citigroup has expressed concerns that tokenized money might not reach its full potential if it is restricted to single-bank systems rather than being utilized across multiple institutions. According to NS3.AI, Rugg emphasized that large corporate clients are seeking real-time, continuous payment solutions across networks. He also pointed out the necessity for shared infrastructure and clear regulations to facilitate global-scale money flows.