#BankingInfrastructure

13 articles tagged #BankingInfrastructure — curated RWA tokenization coverage.

#TokenizedDeposits #Stablecoins #Swift #CrossBorderPayments #DLT #Interoperability #AnchorageDigital #B2BPayments #BlockchainSettlement #CantonNetwork

Infrastructure

Community bankers are interested in tokenized deposits, stablecoins, but not rushed

The Conference of State Bank Supervisors (CSBS) 2026 community bank survey reveals a measured interest in the adoption of tokenized deposits and stablecoins among smaller financial institutions. Data indicates that approximately 20% of community banks intend to offer tokenized deposits and 17% plan to provide stablecoins within the next 12 months. While these figures represent a notable interest in blockchain-based assets, they remain significantly lower than the adoption rates for artificial intelligence, which currently sees 61.8% of banks piloting or utilizing the technology. Over a five-year horizon, interest in tokenized assets grows only marginally, reaching 23% for deposits and 21% for stablecoins. A critical finding from the survey is that banks prefer to access stablecoin services through existing core service providers rather than direct partnerships with blockchain networks. This preference highlights a strategic reliance on established infrastructure to mitigate risks associated with new financial technologies. The findings underscore that while community banks are exploring RWA tokenization, they are prioritizing integration through familiar channels rather than aggressive, independent adoption.

#Stablecoins #TokenizedDeposits #BankingInfrastructure

ledgerinsights.com·Oct 7, 20267.5

Infrastructure

Banks hold the key to on-chain corporate treasury—if they cooperate

Senior payment executives at an American Banker roundtable concluded that traditional banks possess a structural advantage in the on-chain corporate treasury market, provided they collaborate on shared infrastructure. While nonbank stablecoins face skepticism from large enterprises due to counterparty risks, bank-backed assets are viewed as the preferred solution for corporate liquidity. A case study presented during the forum demonstrated that stablecoin rails could reduce cross-border settlement times from eight days to minutes, offering significant tax and efficiency benefits. The consensus suggests a future architecture where tokenized deposits provide safety and yield, while stablecoins function as the interoperable transit layer for B2B payments. Participants emphasized that proprietary, isolated ledgers offer poor ROI, necessitating the development of consortium-based networks with central bank clearing connections. As tokenized Money Market Funds begin to offer minute-by-minute yields, banks face pressure to modernize to prevent the erosion of traditional idle balances. Ultimately, the group identified that the programmability of smart contracts, rather than raw speed, represents the primary value proposition for future institutional financial operations.

#Stablecoins #TokenizedDeposits #CorporateTreasury

americanbanker.com·Oct 5, 20267.5

Infrastructure

Mashreq, Citi run tokenised payment on Swift

Mashreq and Citi have successfully executed a live cross-border transaction using tokenised deposits on Swift’s blockchain-based ledger. This pilot utilizes Swift’s infrastructure as a shared orchestration layer to link tokenised deposits issued by individual banks, aiming to streamline international payment friction. By integrating these digital assets into existing financial messaging frameworks, the initiative seeks to enable 24/7 real-time liquidity movement and settlement. Seventeen banks are currently participating in this MVP phase, which follows a broader design effort involving over 40 financial institutions. The project highlights a shift toward using regulated bank liabilities rather than public digital assets to maintain strict compliance and governance standards. For corporate clients, this development promises improved treasury operations and greater flexibility in managing working capital across global time zones. This milestone is significant for the RWA market as it demonstrates how traditional banking institutions can leverage distributed ledger technology to modernize legacy cross-border payment systems.

#CrossBorderPayments #BankingInfrastructure #Swift

thepaypers.com·Oct 1, 20268.0

Infrastructure

Tokenized Deposit Networks: A Practical Guide for the Banking C-Suite in 2026

The landscape for tokenized deposits in the U.S. has matured significantly by 2026, driven by the bipartisan GENIUS Act and critical regulatory guidance from the FDIC. The FDIC confirmed that deposit insurance applies regardless of the underlying ledger technology, effectively equating tokenized deposits with traditional bank liabilities. Financial institutions are now categorizing these assets into three models: intrabank settlement networks, intrabank tokenized deposits like JPMorgan’s Kinexys, and interbank networks designed for broader institutional interoperability. Major players such as JPMorgan, Wells Fargo, Citi, and HSBC are already utilizing these tools for cross-border cash management and expanded banking hours. Meanwhile, regional banks are coalescing around collaborative initiatives like the Prividium network and the IBAT DTX project to achieve similar scale. While stablecoins remain popular due to their bearer-instrument nature and role in funding U.S. Treasuries, tokenized deposits are emerging as the preferred programmable alternative for commercial bank money. This shift allows banks to maintain control over their ledgers while offering the speed and traceability required by modern corporate treasurers. Ultimately, the coexistence of stablecoins and tokenized deposits represents a fundamental evolution in how financial institutions manage liquidity and settlement.

#Kinexys #TokenizedDeposits #GENIUSAct

bankingexchange.com·Sep 24, 20268.5

Infrastructure

The Clearing House selects Quant for tokenized deposit interoperability

The Clearing House (TCH) has selected Quant to develop an interoperability layer for its On-Chain Money Initiative, aiming to facilitate interbank payments using tokenized deposits. This project seeks to bridge the gap between disparate bank-specific tokenized deposit platforms, which currently operate in silos. By leveraging Quant’s orchestration technology, TCH intends to enable seamless clearing and settlement between customers of different financial institutions. The initiative is scheduled for a target launch in the first half of 2027, building upon TCH's existing role as the operator of the RTP and CHIPS networks. This development is significant for the RWA market as it addresses the critical need for cross-platform liquidity and interoperability in the tokenized deposit space. Beyond standard payments, the system will support conditional payments, treasury liquidity management, and the settlement of digital asset transactions. By integrating these capabilities into a trusted clearing house framework, the initiative aims to bring the efficiency of on-chain settlement to traditional banking infrastructure.

#TokenizedDeposits #Interoperability #TheClearingHouse

ledgerinsights.com·Sep 24, 20268.0

Infrastructure

Dallas Fed’s $700 Billion Tokenized Deposits Analysis: Banking Dynamics and Bitcoin Implications

Research from the Dallas Fed by economists Rosie Levy and Srini Ramaswamy highlights that tokenized commercial bank deposits could reduce the U.S. banking system's long-term risk-absorption capacity by approximately $700 billion. By enabling instant atomic settlement and programmable smart contracts, tokenization removes the operational friction that historically sustained fractional-reserve lending and deposit stickiness. The study models that a 10% increase in depositor sensitivity to interest rates could shrink risk-absorption capacity by $700 billion, while a 10% reduction in deposit tenure could decrease it by $580 billion. To mitigate the risk of instantaneous, automated capital outflows, banks are incentivized to shift assets from long-term loans toward High-Quality Liquid Assets like Treasury bills. This transition forces banks to rely on more expensive wholesale funding, which may lead to wider credit spreads and higher borrowing costs for the real economy. Ultimately, the research suggests that while tokenized deposits modernize banking infrastructure to compete with stablecoins, they act as a de facto tightening of monetary policy. This shift underscores a fundamental transformation in how commercial banks manage balance sheets and liquidity in a blockchain-native financial environment.

#Stablecoins #TokenizedDeposits #BankingInfrastructure

programminginsider.com·Sep 9, 20267.5

Infrastructure

Tokenized deposits could affect bank liquidity, maturity transformation

The Federal Reserve Bank of Dallas explores the systemic implications of tokenized deposits, contrasting them with stablecoins by highlighting their integration within existing bank regulatory frameworks. While stablecoins often operate outside traditional banking structures, tokenized deposits offer interest-bearing alternatives that could fundamentally alter bank liquidity management. The analysis suggests that tokenization could reduce the 'stickiness' of deposits by enabling near-instantaneous transfers, potentially increasing deposit rate betas and shortening the weighted average life of liabilities. Such shifts threaten the banking sector's core function of maturity transformation, as banks currently rely on the long duration of deposits to fund long-term loans. The report estimates that a 10% reduction in deposit duration could shrink maturity transformation capacity by approximately $580 billion in 10-year equivalents. Furthermore, the increased volatility and outflow uncertainty associated with programmable, real-time tokenized deposits may necessitate higher holdings of high-quality liquid assets. Ultimately, the Dallas Fed highlights that while tokenized deposits could improve payment efficiency, they risk forcing banks to rely more on expensive term debt, potentially increasing the cost of credit for the broader economy.

#TokenizedDeposits #BankingInfrastructure #FederalReserve

dallasfed.org·Aug 26, 20268.0

Infrastructure

JPMorgan, Citi Plan Tokenized Bank Network for 2027

A consortium of major U.S. banks, including JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo, is developing a shared tokenized deposit network targeting a launch by the first half of 2027. This initiative, internally referred to as "the bridge" or "the chain," aims to facilitate instant, 24/7 settlement of traditional deposits across different financial institutions. By leveraging the Clearing House infrastructure, the network seeks to eliminate the limitations of standard business hours for large multinational corporate clients. The project focuses on streamlining treasury operations, enhancing liquidity management, and improving the efficiency of cross-border payments. This development represents a significant shift toward blockchain-based settlement for traditional banking, following similar moves by institutions like BNY. Furthermore, the effort aligns with broader industry trends, such as the interoperability framework being developed between DBS and JPMorgan’s Kinexys. The move underscores the growing institutional commitment to integrating tokenized assets into core banking systems to modernize global payment rails.

#JPMorgan #TokenizedDeposits #Citigroup

coinmarketcap.com·Jul 22, 20269.0

Infrastructure

Tokenized Deposits Explained: What Swift’s Multi

Swift has successfully completed a multi-bank pilot program testing the integration of tokenized deposits across diverse distributed ledger technology (DLT) networks and existing fiat payment systems. By leveraging its established messaging infrastructure, Swift demonstrated that tokenized assets can move seamlessly between different blockchains and traditional bank ledgers without requiring a single global network. This initiative involved major global financial institutions, including Citi, Deutsche Bank, and HSBC, to validate interoperability in a fragmented digital asset landscape. The pilot proves that banks can maintain their existing regulatory compliance and liquidity management frameworks while adopting blockchain-based settlement. This development is significant for the RWA market because it provides a scalable blueprint for institutional-grade settlement of tokenized assets. By bridging the gap between DLT and legacy systems, Swift reduces the friction that has historically hindered the adoption of tokenized deposits. Ultimately, this move signals a shift toward a hybrid financial ecosystem where tokenized value can coexist with traditional banking infrastructure.

#TokenizedDeposits #Interoperability #BankingInfrastructure

Finextra — Crypto·Jul 16, 20269.5

Infrastructure

SWIFT launches blockchain ledger with 17

SWIFT has officially launched a new blockchain-based ledger designed to facilitate cross-border payments using tokenized bank deposits. Seventeen major global financial institutions, including HSBC, Citi, BNP Paribas, UBS, ANZ, DBS, and Standard Chartered, are participating in the initial pilot phase. This development follows nine months of intensive internal development aimed at enabling 24/7 payment availability, including weekends and overnight transactions. By integrating tokenized deposits into its existing messaging infrastructure, SWIFT seeks to modernize cross-border settlements while maintaining rigorous compliance, credit, and risk management standards. This initiative represents a significant shift in how traditional banking networks adopt distributed ledger technology to enhance the velocity of global commerce. The move aligns with a broader industry trend toward tokenized financial assets, positioning SWIFT as a central player in the evolution of programmable money. Ultimately, this pilot demonstrates that major financial incumbents are prioritizing the integration of blockchain rails to meet the demands of modern, always-on global markets.

#CrossBorderPayments #TokenizedDeposits #BankingInfrastructure

Cointelegraph — RWA Tokenization·Jul 9, 20269.5

Infrastructure

Tokenized deposits ramp up in US as Cari grows to 30 banks ahead of pilot

The Cari Network, a platform for tokenized deposits, has expanded its reach to over 30 participating banks as it prepares for an upcoming pilot program. SouthState has joined as the sixth design partner bank, alongside major institutions including Huntington, First Horizon, M&T Bank, KeyBank, and Old National Bank. These design partners, combined with the broader network and pipeline of 40 additional banks, represent financial institutions holding over $10 trillion in total assets. The network aims to facilitate real-time settlement, improved liquidity management, and efficient digital money movement for its members. To accelerate its development, Cari is utilizing proven tokenized deposit technology developed by Tassat, which previously powered large-scale solutions like Signature Bank’s Signet. Furthermore, Cari has secured a strategic partnership by joining the American Bankers Association’s Premier Partner Network. This rapid expansion underscores a significant shift toward institutional adoption of blockchain-based deposit systems within the U.S. banking sector. The initiative highlights the industry's move toward finding scalable, compliant paths for digital asset integration in traditional finance.

#TokenizedDeposits #DigitalAssets #BankingInfrastructure

ledgerinsights.com·Jul 2, 20268.5

Infrastructure

Banks Back Tokenized Deposits To Compete in Digital Cash Race

Major financial institutions including Citi, BNY, JPMorgan's Kinexys, and Standard Chartered are accelerating the development of tokenized deposits to maintain their dominance in the evolving digital payments landscape. These digital representations of bank deposits operate on blockchain infrastructure while remaining direct liabilities of the issuing bank, ensuring compliance with existing deposit insurance and capital requirement regulations. This shift represents a strategic response to the rising competition from stablecoins and the development of central bank digital currencies like the digital euro. A notable milestone occurred in January when Lloyds Banking Group and Archax executed the U.K.'s first public blockchain transaction using tokenized deposits on the Canton Network. The European Central Bank is simultaneously advancing its digital euro project, targeting a 12-month pilot phase for the second half of 2027. By integrating these assets into distributed ledger technology, traditional lenders aim to secure their role in future treasury and payment systems. This trend highlights a broader institutional pivot toward tokenization as a means to modernize banking infrastructure while adhering to established regulatory frameworks.

#CantonNetwork #TokenizedDeposits #BankingInfrastructure

coinmarketcap.com·Jun 27, 20268.5

Infrastructure

Anchorage aims to bring banks onchain with new tokenized deposit platform

Federally chartered crypto bank Anchorage Digital has launched a new infrastructure platform designed to enable traditional banks to issue tokenized deposits on blockchain networks. This initiative allows financial institutions to facilitate 24/7 payments and settlement services without the need to replace their existing core banking systems. By creating blockchain-based representations of customer deposits while keeping the underlying funds in traditional accounts, Anchorage aims to bridge the gap between legacy finance and digital assets. This development arrives as major institutions like JPMorgan, Citi, and Bank of America prepare to launch their own shared tokenized deposit network by early 2027. The move highlights a broader industry shift toward tokenized deposits as a regulated alternative to private stablecoins like USDC or USDT. By providing the necessary wallet management and smart contract technology, Anchorage positions itself as a critical infrastructure provider for banks seeking to modernize payment rails. This strategy minimizes operational risks associated with full-scale system migrations, marking a significant step in the institutional adoption of onchain finance.

#TokenizedDeposits #InstitutionalFinance #AnchorageDigital

coindesk.com·Jun 22, 20268.0

#BankingInfrastructure

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