✅ U.S. Regional Banks Build ‘Tokenized Deposit Network’ Based on zkSync U.S. regional banks are building a tokenized deposit network on zkSync to counter stablecoins. This is an attempt to improve payment and settlement efficiency by bringing bank deposits on-chain. 🔍 Key Points • U.S. regional bank consortium develops tokenized deposit network • Built on zkSync (utilizing ZK rollups) • Goal: Payment infrastructure capable of competing with stablecoins • Enables direct utilization of bank deposits on the blockchain ✅ Key Changes • Previous: Private stablecoins such as USDT/USDC led payments • Change: A structure where banks' own deposits move on-chain • Significance: The "Banks vs. Stablecoins" competition intensifies → This is not simply a competition over payment methods, but a question of "who will issue the digital dollar." ✅ Structural Aspects • Stablecoins = Privately issued digital dollars • Tokenized Deposits = On-chain versions of bank deposits • Banks have an advantage in terms of regulation and trust • Stablecoins are strong in liquidity and scalability ❓ Key Points • Timing of actual commercialization (Pilot vs. Actual Use) • Whether regulatory approval is available • Potential to compete with existing stablecoin liquidity ✍️ Ultimately, the trend converges: "The dollar itself moves on-chain" In the middle” 🔸 Original Text #zkSync #Stablecoin