What the IMF is pointing to matters more than it first appears. In tokenized finance, multiple forms of digital money can coexist: bank deposits, stablecoins, and central bank money. The future market is not a world unified under a single digital currency. It is a world in which different forms of value live in the same digital financial market: Tokenized Deposits Stablecoins CBDCs Tokenized Securities Tokenized Funds Tokenized Treasuries Bank deposits remain bank liabilities. Stablecoins remain issuer promises. CBDCs remain central bank money. Bonds, funds, and securities move on-chain without losing their underlying character. The question is not whether one instrument wipes out the others. It is how a market functions when all of them exist at once. #XRPL #XRP