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July Core Event: DTCC Official Compliance—U.S. Treasury Tokenization Pilot Officially Kicks Off
Core Component and Timeline (Most Highly Significant Industry Rollout)
The Depository Trust & Clearing Corporation (DTCC) — the core clearing infrastructure on Wall Street, with total custody of $114 trillion in U.S. stocks and Treasury bonds, and responsible for clearing and settlement of more than 90% of U.S. national debt — has confirmed that it will begin a limited production environment live transaction pilot on July 13, 2026, followed by a full commercial launch in October.