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JPMorgan, Citi and America’s Biggest Banks Plan Tokenized Deposit Network: Report

Bitcoin.com

Bitcoin News / Bitcoin.com 336 Views

Drone shot of Citi Tower in Jakarta, Indonesia showcasing modern architecture.The largest U.S. banks are reportedly planning a joint tokenized deposit network set to launch in 2027, positioning regulated bank money directly against stablecoins. Banks Pool Resources Through The Clearing House According to a Wall Street Journal (WSJ) report, JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other major commercial banks are backing the […]
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