cryptd.in

LinkedIn alternativ pentru talentele cripto-friendly

Top US Banks to Launch Tokenized Deposit Network: Report

-

de

cryptd.in
în

The biggest banks on Wall Street are reportedly going to launch a tokenized deposit network in the first half of 2027.

The effort is being led by the Clearing House, a real-time payments company co-owned by major financial institutions including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo.

Project to Bridge Traditional Payments with Blockchain

The Wall Street Journal reports that the project, called “the bridge,” aims to connect traditional banking payment systems to blockchain infrastructure so that tokenized deposits can move instantly with 24/7 settlement. It also states that the underlying blockchain will be built through a partnership with a yet-to-be-selected third-party vendor.

“This is a big move for the banks,” said Clearing House Chief Executive David Watson, who said the industry is facing a “radically different” future when it comes to on-chain payments and finance.

Citi sees the initiative as an extension of the role banks already play in the financial system. The move was “another step that effectively cements” banks’ role in financing, money management, and capital markets, said Shahmir Khaliq, the firm’s head of services.

At the same time, banks have been wary about stablecoins, concerned that their use could divert deposits away from the firms. Financial institutions and crypto institutions have been at loggerheads for months over recently advanced legislation that would allow the latter’s customers to earn interest from their stablecoin holdings.

Demand For Adoption Remains Gradual

The report states that all US banks will have access to the tokenized deposit network, with possible use cases including real-time liquidity management, programmable treasury operations, and cross-border payments. The Clearing House also expects big multinationals to be among its first users.

On the other hand, Mark Monaco, head of global payment solutions at Bank of America, said clients are not “beating down the door” for tokenized deposits yet. However, he also revealed that there is growing interest in the product, further admitting that adoption would take time.

JPMorgan has already dipped its toes with JPM Coin, an in-house tokenized deposit system for settling payments on its private blockchain. More recently, the firm also launched a token on Base for its institutional clients.

The latest development follows last year’s discussions among major financial institutions about creating a joint stablecoin through The Clearing House and Early Warning Services. As much as this is still being explored, WSJ said that some banking executives are still unsure about the benefits that these digital assets offer outside of cross-border payments.

Postul Top US Banks to Launch Tokenized Deposit Network: Report a apărut prima dată pe CryptoPotato.

Comentarii

Lasă un răspuns

Adresa ta de email nu va fi publicată. Câmpurile obligatorii sunt marcate cu *

Ultimele fluxuri

Categorii populare

ro_RO Română
ro_RO Română en_US English et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Căutați pe site

Povești populare

Etichete

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElecție (1) #BinanceVsCoinbase (1) #Bitcoin (444) #BitcoinETF (3) #BitcoinFundamente (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCachiziție (1) #BullishPrediction (1) #BullishSentiment (1) #CincianăMiniere (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPrediciuni (1) #CryptoReglementare (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoIncertitudine (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolumele (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (72) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Fimpact financiar (1) #FinanciarPrivire privată (1) #FirmShutdown (1) #F Contul înghețat (1) #IllicitFunds (1) #InflationData (1) 1TP5Investiții (1) 1TP5Pierdere din investiții (1) #JaponezăFirmă (1) #Acțiune juridică (1) #Impact juridic (1) #Legislație (1) #LightningNetwork (1) #MAnaliză de piață (3) #MMonitorizare de piață (1) #MPredicție de piață (1) #MPrediciții de piață (1) #Mproiecție de piață (1) #MarketSupport (1) #MVolatilitatea pieței (1) #MCăsătorie (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitate (1) #MSpălare de bani (2) #MtGox (4) #N Coreea de NordCrypto (1) #NovogratzPredicție (1) #PriceMilestone (1) #PPrețPredicție (2) #Price Întrebare (1) #PriceSurge (1) #PrisonSentință (1) #QuantAnalysis (1) #ReglementarePresiune (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #TAnaliză tehnică (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotențial (1) #USCongresul (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Link-uri utile

Link-uri pe care le-am găsit utile și pe care am dorit să le împărtășesc.