Leading U.S. banks launch digital payments initiative
A group of leading U.S. banks are launching a digital payments initiative that seeks to modernize money movement across emerging chain networks. The initiative will deliver on-chain clearing and settlement of tokenized deposits between banks within the established banking framework, supporting automated workflows, richer transaction data, and 24/7 settlement. It will also feature a connectivity layer linking blockchain-based activity with established fiat rails, such as the RTP and CHIPS netw...
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