39 state banking associations push BankChain Alliance targeted for 2027

BAC +0.47% WFC +1.23% COIN +2.85% CRCL +2.52%

1. 139 state banking associations join to build the BankChain Alliance, representing thousands of financial institutions
2. 2Industry-owned blockchain to support stablecoins, payments, and tokenized deposits within the banking regulatory perimeter, targeting a 2027 launch
3. 3Move by regional and community banks to avoid crypto firms and megabanks seizing full control of tokenized finance

Source WSJ +2 · View original ↗

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