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337 America’s largest banks are building a new digital currency network to stop a massive deposit drain

CoinDesk
Helene Braun @ CoinDesk · 06/06/2026 11:59 EDT

America’s largest banks are building a new digital currency network to stop a massive deposit drain

America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the race to become the dominant form of cash on blockchain networks.

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