Tokenized Deposits
JPMorgan Chase, Bank of America, Citigroup and other large lenders will launch a tokenized deposit network through The Clearing House by the first half of 2027.
Reported by AI
Major banks are turning to the Ethereum blockchain for projects involving tokenized deposits and cross-border payments, driven by a more favorable regulatory environment. Institutions like JPMorgan Chase, Citi and Custodia Bank have developed applications on Ethereum and its Layer-2 networks. This resurgence follows earlier efforts in the 2010s that largely stalled due to technical and investment challenges.
January 09, 2026 08:41