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via The Block · By The Block Editorial

JPMorgan, Citi-backed consortium plans to launch tokenized deposit network in early 2027: WSJ

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The Block Editorial
(02:57 AM UTC)
1 min read
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Approved byMichael Roberts
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Major U.S. banks reportedly plan to launch a tokenized deposit network as soon as the first half of 2027, in Wall Street's latest effort to integrate blockchain into traditional finance.

According to a Thursday report from the Wall Street Journal, the network is expected to be operated by the Clearing House, a private-sector payments company owned by a consortium of major banks, including…

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