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BankChain Alliance Aims for 2027 US Bank Blockchain Network Launch

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A group of 39 U.S. state bankers associations has formed the BankChain Alliance to create an industry-owned and industry-governed blockchain network for banks.

The alliance aims to launch its network in 2027, but it still needs to select a technology partner to support the project.

The planned use cases for the network include smart payment tools, tokenized deposits, stablecoins, and automated settlement, all operating within a regulated banking framework.

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