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Three U.S. Banks Plan Tokenized Deposit Network by Mid-2027

2026-06-10 20:01:08

JPMorgan, Citi, and Bank of America plan to launch a shared tokenized deposit network by mid-2027. The Clearing House will operate the network. The banks aim to enable 24/7 rapid fund transfers inside the regulated banking system.

BAC-0.07%

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