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via Cointelegraph · By Cointelegraph Staff
JPMorgan, Citi, Bank of America to Launch Tokenized Deposit Network in 2027: Report
CS
Cointelegraph Staff(12:39 PM UTC)
1 min read
Some of the largest US banks are reportedly planning to launch a tokenized deposit network in the first half of 2027 in response to growing competition from blockchain companies expanding into traditional finance.
The network will be operated by The Clearing House, the bank-owned payments operator, and will connect traditional payment rails with digital asset infrastructure for 24/7…
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