Follow UsJPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network
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5 Jun, 09:16
Source: CoinDesk
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Major US banks JPMorgan, Bank of America, and Citi plan to launch a shared tokenized network in 2026 to defend against stablecoin competition for deposits.
American's biggest banks plan to introduce a shared tokenized network next year to tackle the potential threat of stablecoins eating into their deposits.