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Wire · technology

U.S. state banking associations plan to launch their own nationwide blockchain network

Published

25 August 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at coindesk.com →

◆ Verified

Fusion42 · 25 August 2026 · Fusion42 review

Thirty-nine U.S. state banking associations have formed the BankChain Alliance to launch a nationwide blockchain network by 2027, aimed at enabling stablecoins, tokenized deposits, and smart payments within the regulated banking system. The network will be industry-owned, designed, and governed, but currently lacks a technology partner.

This Wire brief sits within Fusion42's coverage of Fintech, and 4 sources have reported it between 25 Aug 2026 and 2 Sep 2026.

◆ ◆ The Wire takeaway

You face a new regulated blockchain platform funded and governed by US banks promising safer, compliant digital payments and tokenization. Prepare to engage this network as a channel or supplier since it targets broad adoption across all bank sizes.

◆ Coverage

4 sources · first reported 25 Aug 2026 · latest 2 Sep 2026

◆ Related on Wire

◆ Topics

Fintechbankingblockchainstablecoinspaymentstokenized-deposits