Mmastodon BusinessBanking first seen 18 h ago, last 1 h ago, peak #5
The Clearing House targets 2027 for on-chain bank settlement network
Original: The Clearing House plots next gen settlement for on-chain network It is targeting 2027 for the launch of its on-chain ne
The Clearing House, the US bank-owned payments company, is planning to launch an on-chain network in 2027 that will let banks clear and settle tokenized deposit transactions. Its longer-term aim is atomic settlement, meaning transactions settle instantly and simultaneously. The move signals major US banks are preparing serious blockchain-based payments infrastructure, and financial commentators are weighing what it means for traditional clearing and settlement timelines.
Why now: Major US banks' push toward blockchain-based settlement infrastructure is a significant development in the tokenization of payments.
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1150379