US banking groups plan nationwide blockchain network for 2027
BankChain joins a growing field of bank-led networks building shared infrastructure for tokenized deposits and onchain payments.
The BankChain Alliance, consisting of 39 US state banking associations, is set to launch a nationwide, industry-owned blockchain network by 2027. The network aims to provide smart payment tools, tokenized deposits, stablecoins, and automated settlement. The participating associations represent thousands of financial institutions across the US.
BankChain, a key player in the alliance, plans to invite banks nationwide to take ownership stakes, but the announcement did not reveal which individual banks have committed to joining or how the network will be governed or funded. The alliance marks a growing trend of bank-led networks developing shared infrastructure for moving deposits and payments onchain within the regulated banking system.
Since late 2025, several US bank-led networks have emerged, with major, regional, and community lenders working together to build shared infrastructure for onchain deposits and payments.
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