Development

The big banks plan a shared tokenized-deposit network

development2026-06-07

Claim

JPMorgan, Citi and peers are planning a shared tokenized-deposit network with 24/7 settlement to fend off stablecoins, as Meta weighs a multi-billion-dollar offering to fund AI spending of up to $145 billion this year following Google's $85 billion share sale.

Reported metric: $145B Meta capex

Reporting date: (not necessarily the event date)

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