Morgan Stanley Launches Digital Assets Lab to Explore Stablecoins and DeFi

Morgan Stanley has established a digital assets laboratory to test technologies including stablecoins, tokenization, and decentralized finance (DeFi) applications. According to Bloomberg, the bank is exploring the integration of blockchain-based systems into its business operations. Megan Brewer, head of market innovation and labs at Morgan Stanley, stated that the initiative is part of the firm's existing innovation lab network, designed to explore emerging technologies without impacting core banking systems.