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142 U.S. regional banks building tokenized deposit network on ZKsync to rival stablecoins

CoinDesk
Margaux Nijkerk @ CoinDesk · today 09:42 EDT

U.S. regional banks building tokenized deposit network on ZKsync to rival stablecoins

The Cari Network is targeting a 2026 rollout as banks test issuance, transfers and redemption of digital deposits. Participating banks include Huntington Bancshares, First Horizon, M&T Bank, KeyCorp and Old National Bancorp.

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