Major U.S. banks plan to launch a tokenized deposit network. According to The Wall Street Journal, The Clearing House, supported by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and others, plans to roll out a tokenized deposit network next year, linking traditional payment rails with blockchain infrastructure. This project is seen as a key move by the U.S. banking industry to address competition from stablecoins and crypto payments. (WSJ)