The largest US banks plan to launch a tokenized deposit network in 2027 to connect traditional payment rails with the infrastructure that digital assets run on, according to Techmeme. This new network could help banks compete with stablecoins and crypto firms.
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- 0.Coinbase launches direct Indian rupee deposit and withdrawal rails via the Immediate Payment Service (coindesk.com)
Coinbase is launching direct INR deposit and withdrawal rails via IMPS starting June 1, reducing friction and scam risk for Indian users. The move enables seamless bank-to-crypto transfers on a regulated platform.