BREAKING: JPMorgan, Bank of America, Citigroup and Wells Fargo are building a shared blockchain network for tokenized bank deposits through The Clearing House, with launch planned for H1 2027.


The effort replicates the Zelle model for instant payments and aims to settle 24/7 while keeping funds in the regulated banking system. HSBC and other global players are exploring similar infrastructure.
JPMG-0.65%
C0.99%
WFC0.65%
HSBC-1.00%
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