Top U.S. Banks Launch Tokenized Deposit Network

A group of leading U.S. banks including JPMorgan (JPM), Citi (C), Bank of America, and Wells Fargo are forming a tokenized deposit network to integrate blockchain with traditional payment systems for large-scale clearing and settlement.

By Satarupa Bhowmik Mon, June 8, 2026 at 4:23 PM GMT+3 2 min read · Yahoo Finance ·

Top U.S. Banks Launch Tokenized Deposit Network

Tickers: $BAC $C $FITB $HSBC $JPM $TFC $WFC

Topics: banking innovation blockchain technology payment systems tokenized deposits

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