Deep Tide TechFlow News, June 5th, according to The Wall Street Journal, several major U.S. banks plan to launch a tokenized deposit network next year, aiming to counter the threat of stablecoins and crypto companies accelerating their penetration into traditional banking under the support of the Trump administration. The network will connect traditional payment channels with digital asset infrastructure, operated by Clearing House, a real-time payment network company jointly owned by multiple large banks, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other major commercial banks.

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