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Several regional banks in the United States are planning to establish a tokenized deposit network based on ZKsync. - CoinFeed
Time 13:46

Several regional banks in the United States are planning to establish a tokenized deposit network based on ZKsync.

March 17, 2026
CoinFeed News

CoinFeed reported on March 17th, citing CoinDesk, that several regional banks in the United States are jointly developing a tokenized deposit platform called Cari Network, operating on ZKsync's private permissioned blockchain "Prividium". Participating banks include Huntington Bancshares, First Horizon, M&T Bank, KeyCorp, and Old National Bancorp. This network allows banks to tokenize customer deposits, enabling instant interbank settlement within a regulated system. The tokens remain recorded as bank deposits and are subject to existing regulations and FDIC insurance.

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