![Multiple coins and a bitcoin under the magnifying glass Man looking through a magnifying glass on new virtual money bitcoin and litecoin](https://coingeek.com/wp-content/uploads/2023/04/Multiple-coins-and-a-bitcoin-under-the-magnifying-glass-380x188.webp)
German banks begin deposit tokens trials with plans for multi-currency expansion
In an effort to build an intuitive payments ecosystem, Germany's four major banks embarked on a study that would see them settling transactions using "deposit tokens" minted on a blockchain.