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

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 […]...