U.S. banks are building a nationwide blockchain network

JUST IN: 39 U.S. state banking associations are joining forces to build a nationwide bank-run blockchain network.
The BankChain Alliance is targeting a 2027 launch and plans to support regulated stablecoins, tokenized deposits and smart payments.
The industry-owned network is expected to represent thousands of banks and remain interoperable with other blockchain networks.
This is a significant shift: traditional banks are no longer only experimenting with tokenization individually.
They are beginning to build shared infrastructure designed specifically for regulated onchain finance.