Part 2 of Tuum’s Digital Currency Series
The shift to digital currencies is inevitable. Here’s how banks can prepare now—without locking into the wrong future.
In Part 1, we explored how digital currencies like CBDCs, tokenised deposits, and stablecoins are moving from pilot to production. This transformation is no longer theoretical; it’s reshaping global financial infrastructure. Now the question is: what should banks do next?
The answer isn’t to wait. It’s about choosing a core that gives you optionality from day one.
Why This Moment Matters
From the BIS to the ECB, and from Singapore to the UAE, regulators and financial institutions are rapidly testing and implementing digital money models. But the outcomes, and the standards, remain fluid.
Some markets may adopt retail CBDCs.
Others will rely on tokenised commercial bank deposits.
Still others may expand stablecoin usage in cross-border flows.
For banks, the risk isn’t just falling behind, it’s building rigid systems that can’t evolve with the market.
What Banks Need to Do Now
To prepare, banks must act in three key areas:
1. Shift from Single-Asset to Multi-Asset Thinking
Legacy systems were built to handle one form of money: fiat. That’s no longer enough.
Modern infrastructure must treat each asset type, from EUR to eEUR to tokenised EUR, as a distinct, ledger-native asset, with its own identifiers, compliance rules, and integrations.
At Tuum, this capability is native to the platform. Whether it’s a CBDC, tokenised deposit, or stablecoin, Tuum supports it seamlessly, without fragmented ledgers or bolt-on workarounds.
2. Embrace Open Ecosystems, Not Walled Gardens
No bank can go it alone. Success in a multi-asset world requires seamless integration with:
- CBDC infrastructure and token networks
- Real-time payment schemes, blockchain-based and traditional processors
- FX engines, liquidity providers, and cross-border rails
- Regulatory APIs for real-time KYC, AML, and compliance
This is where Tuum’s API-first architecture and orchestration layer become critical. Banks can quickly connect to emerging rails, from SEPA Instant to FedNow to future CBDC networks, without rewriting the core. As new payment models emerge, Tuum makes it easy to embed, adapt, and integrate.
3. Build for Optionality, Not Obsolescence
It’s too early to know which digital currency model will dominate. But it’s not too early to prepare.
That means choosing infrastructure that is:
- Modular – activate only the modules you need
- Flexible – define and update digital currencies and workflows
- Unified – avoid duplicating compliance, UX, and data logic across systems
Tuum enables banks to evolve at their own pace, without the disruption or risk of wholesale replatforming.
Tuum: A Core Built for What’s Next
We don’t ask banks to pick winners in the digital currency race.
We give them the infrastructure to adapt as the market evolves.
With Tuum, you get:
- A multi-asset ledger for fiat, CBDCs, tokenised deposits, and stablecoins
- Open APIs for integration with digital currency platforms, payment rails and a wider ecosystem of fintech specialists
- Cloud-native, modular infrastructure built to handle high transaction volumes, low-latency performance, and rapid scaling across markets
Whether you’re launching international accounts, embedding new payment types, or preparing for CBDC interaction, Tuum gives you the confidence to go live fast, and the flexibility to scale and grow.
Built for Regulatory Agility
As digital currencies evolve, so do the rules. From Europe’s MiCA regulation to central bank frameworks for wallet-based payments, programmable deposits, and transaction-level reporting, banks are facing increased scrutiny. Tuum lets you define compliance rules and risk controls at the asset level, supporting multi-jurisdictional compliance, real-time visibility, and regulatory auditability across all currency types.
Regional Compliance. Global Readiness.
As Islamic banks begin exploring CBDCs and tokenised assets, adherence to Sharia principles becomes critical. Digital money may be considered compliant when it reflects intrinsic value, adheres to the rules of fair exchange, and enables immediate settlement, in line with rulings on gold and fiat. Tuum’s Islamic banking suite supports this model with asset-level rules, real-time processing, and transparent, ledger-native logic that aligns with both conventional and Sharia-compliant frameworks.
Final Thought: Flexibility Is the Strategy
The future of finance will be multi-asset, multi-model, and multi-network. Banks that wait for clarity may miss the moment. Banks that invest in flexibility will lead.
At Tuum, we’re helping institutions prepare, not by making big bets, but by giving them a core that can go wherever the future of money leads.
Want to explore how your core system can support digital currencies and multi-asset banking? Get in touch.