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Morning Edition · Wednesday, August 26, 2026Published at 1:49 AM EDT · New York
Thirty-nine state banking associations plan their own blockchain to keep tokenized deposits inside the banking system
The BankChain Alliance is targeting a 2027 launch and has not yet chosen a technology partner, while Zerohash returns to federal regulators with a narrower application for a trust charter.
Thirty-nine state bankers associations have formed the BankChain Alliance to build a shared, industry-owned blockchain that member banks could use for tokenized deposits, stablecoins, automated settlement and programmable payments, CoinDesk…
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Race to Bank and Distribute Stablecoin Reserves
Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
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