Banks Rush to Tokenize Deposits as Stablecoin Networks Beat Them to Shared Payment Rails
Tech Times
"America's biggest banks are building tokenized deposit infrastructure faster than at any point in the technology's history — and they are still a year behind the stablecoin consortia racing to control the same rails. New data published Wednesday by American Banker shows 24 of the 50 largest U.S. banks now have tokenized deposits on their radar as of Q2 2026, up from 19 the previous quarter with four institutions running live products and seven more in active pilot. The Clearing House shared network targets a first-half 2027 launch"
