JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins
JPMorgan, Citi, Bank of America, and Wells Fargo are constructing a shared Tokenized Deposit Network to problem stablecoins. It goes via The Clearing House, concentrating on a first-half 2027 launch, and the Federal Reserve is the viewers that issues most. The acknowledged pitch is effectivity: prompt 24/7 settlement, programmable funds, blockchain-speed cash motion. The precise…
