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: cointelegraph.com

Expert opinions (1)

• Anton Erpulev, CEO & Co-Founder at PowerSun Market: Tokenized deposits launching in 2027 sounds ambitious until you realize the infrastructure to do this exists today - and banks choosing a three-year timeline tells you everything about their actual urgency around stablecoin competition. I've watched this dynamic play out across blockchain…