JPMorgan, Citi and Major US Banks Team Up to Launch Tokenized Deposit Network
Major U.S. banks, JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo, are collaborating on a shared tokenized deposit network set to launch in the first half of 2027. The network which will operate on a blockchain infrastructure, will enable instant 24/7 settlement and programmable payments while keeping every dollar inside the regulated banking system. […]
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