JPMorgan and Citi Back Tokenized Deposit Network Launch for 2027
JPMorgan, Citi, Bank of America, Wells Fargo, and other major U.S. banks back the shared tokenized deposit network. The network targets a first-half 2027 launch and will be available to banks across the United States. The network enables instant 24/7 blockchain-based tokenized deposit settlement for participating banks. Traditional finance is now taking on private stablecoins...
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