(MENAFN- Baystreet) 10:28 AM EST - VersaBank: Today unveiled branding for its proprietary Digital Deposit Receipts (DDRs): VersaBank Real Bank Deposit TokensTM(RBDTsTM). The brand reflects the critical advantage of the Bank's RBDTsTM compared to stablecoins of being issued by a federally licensed bank (in both the United States and Canada), enabling legally permitted interest payments and deposit insurance, which non-bank issued stablecoins are not allowed to provide. The brand also reinforces the critical functional foundation that RBDTsTM are actual cash deposits with the Bank that are reflected on the blockchain. VersaBank shares T are trading up $0.22 at $16.78.

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