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Major US Banks Including JPMorgan, Citi and BofA Plan Shared Tokenized Deposit Network

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Four of the largest US commercial banks — JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo — are building a shared tokenized deposit network through The Clearing House, the bank-owned payments company, according to a joint press release published Friday. The initiative, which The Wall… Read the full story at The Defiant

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