US Banks and The Clearing House Launch Tokenised Deposit Network | The Fintech Times

A coalition of 17 major US banks launched a bank-led tokenised deposit network through The Clearing House, enabling on-chain clearing and settlement of tokenised commercial bank deposits linked to real-time payments and wire systems. The infrastructure operates 24/7 within existing regulatory frameworks, positioning tokenised bank deposits as an alternative to non-bank stablecoins.

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