# Commercial Bank Money Tokens: The Missing Piece of the Tokenized Economy?

Page: https://stenobird.com/podcast/bitcoin-fiat-rock-n-roll-947115/commercial-bank-money-tokens-the-missing-piece-of-the-tokenized-economy
Text version: https://stenobird.com/podcast/bitcoin-fiat-rock-n-roll-947115/commercial-bank-money-tokens-the-missing-piece-of-the-tokenized-economy.md
Podcast: [Bitcoin, Fiat & Rock'n'Roll](https://stenobird.com/podcast/bitcoin-fiat-rock-n-roll-947115)
Published: 2026-09-06T14:00:00+00:00
Episode link: https://bfrr.podigee.io/410-commercial-bank-money-tokens-the-missing-piece-of-the-tokenized-economy
Audio file: https://audio.podigee-cdn.net/2587619-m-cc50faf0b4a5b26146bcfc501a855e4a.mp3?source=feed
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JSON: https://stenobird.com/v1/public/podcasts/bitcoin-fiat-rock-n-roll-947115/episodes/commercial-bank-money-tokens-the-missing-piece-of-the-tokenized-economy
Duration seconds: 3560

## Resource

What are commercial bank money tokens, and why do corporates need them? Manfred Richels and Tim Bailey explain how CBMTs work and where they fit alongside stablecoins and CBDCs.

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## Transcript

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