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The battle for digital dollars is moving onchain
America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the race to become the dominant form of cash on blockchain networks.
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theblock.co
JPMorgan, Citi-backed consortium plans to launch tokenized deposit network in early 2027: WSJ
The initiative would enable tokenized deposits to move instantly and support around-the-clock settlement, the Wall Street Journal reported.
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news.bitcoin.com
JPMorgan, Citi and America's Biggest Banks Plan Tokenized Deposit Network: Report
The largest U.S. banks are planning a tokenized deposit network, positioning regulated bank money directly against stablecoins.
