{
  "id": 6463390,
  "title": "Nacha Launches Initiative to Explore Stablecoins in Money Movement",
  "url": "https://urgent.news/2026/09/09/nacha-launches-initiative-to-explore-stablecoins-in-money-movement",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T19:09:11.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/cryptocurrency/2026/nacha-launches-initiative-explore-stablecoins-money-movement/"
  },
  "original_language": "en",
  "account": "The ACH network provider Nacha, along with its Payments Innovation Alliance, has introduced a fresh initiative to investigate the potential of digital assets, such as stablecoins and tokenized deposits, in the realm of money movement. This project, dubbed the Next-Gen Currency Project Team, will be overseen by Nacha and the Digital Sovereignty Alliance. The team's mission is to delve into the implications of digital assets for various payment methods and monitor regulatory advancements.\n\nNacha's President and CEO, Jane Larimer, acknowledged the growing prominence of digital assets like stablecoins and tokenized deposits, highlighting the necessity of the project team's work. Molly Woodman, senior policy advisor for the Digital Sovereignty Alliance and co-leader of the team, emphasized the importance of providing educational resources to the payments industry to facilitate the integration of digital assets alongside traditional payment methods.\n\nWhile stablecoins and tokenized deposits may appear similar to corporate users, they possess distinct characteristics. Both can represent dollars digitally, settle around the clock, support programmable transactions, and operate on blockchain infrastructure. However, they differ economically, with banks gradually recognizing these disparities. Notably, a coalition of 21 banks unveiled plans to establish a business dedicated to issuing their own stablecoin on September 1. Banks are not abandoning tokenized deposits but are incorporating both to form a diverse portfolio of programmable money, ultimately directing transactions to the most suitable form based on liquidity, portability, regulation, and reach.\n\nA tokenized deposit is considered a commercial bank liability, offering blockchain-like programmability while maintaining the traditional deposit relationship, liquidity, and balance sheet funding. In contrast, a stablecoin is designed for greater flexibility, allowing seamless transfer between wallets, platforms, and public blockchain networks without necessitating a direct account relationship with the issuing bank.",
  "summary": "ACH network operator Nacha and its Payments Innovation Alliance launched a new digital assets-focused initiative, according to a Wednesday (Sept. 9) press release. The Next-Gen Currency Project Team will be led by Nacha and the Digital Sovereignty Alliance, the release said. It will explore the use of assets like stablecoins and tokenized deposits for money […] The post Nacha Launches Initiative…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}