👀 LATEST: AMERICA'S BANKING GIANTS #MOVE TO CHALLENGE STABLECOINS


JPMorgan, Citi, Bank of America, and other #major U.S. banks will #launch a tokenized deposit #network amid rising competition from stablecoins, per WSJ. The #network will link traditional banking infrastructure with #blockchain #technology via The Clearing House, the real-time payments company jointly owned by the largest U.S. banks. #crypto
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