Major US Banks Including JPMorgan to Build Tokenized Deposit Network, Aiming for Early 2027 Launch - WSJ Report

Overview of the Tokenized Deposit Network by Major US Banks

Major US banks including JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo are planning to establish a joint network that enables the instant settlement of tokenized deposits on the blockchain, as reported by The Wall Street Journal on December 4th.

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