U.S. state banking associations plan to launch their own nationwide blockchain network

The "BankChain Alliance" is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system's regulatory sphere.

A new blockchain network operated by the banking industry is aiming for a 2027 launch, and 39 of the state banking associations are on board.
Their "BankChain Alliance" doesn't yet have a technology partner to stand it up, the organization said.

1 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 11 hours ago
2 Crypto job postings triple to over 1,200 in September, but applications fall 11 hours ago
3 Cathie Wood says smart investors need to start watching where AI agents spend money 12 hours ago
4 Crypto's Sisyphean struggle 14 hours ago
5 BlackRock offers a glimpse of how tokenization may change your investment portfolio 14 hours ago
6 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
7 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
8 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago
9 Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown 1 day ago
10 America at a crossroads: Commissioner Peirce’s parting challenge 1 day ago

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Original sourceCoinDesk

The original source remains the canonical version for attribution, rights, and later updates.

Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.