JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027: WSJ

Some of the largest banks are reportedly launching a tokenized deposit network in early 2027 in response to growing competition from stablecoin companies entering TradFi.
Source: JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027: WSJ (https://cointelegraph.com/news/jpmorgan-citi-bank-of-america-launch-tokenized-deposit-system-2027?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)