The Clearing House Targets Tokenized Deposit Transactions by Q2 2027

The Clearing House plans to begin integrating banks into its tokenized-deposit network in fall 2026, with transaction processing targeted for the second quarter of 2027 as development moves toward institutional use. The next phase is design work and integration with banks during fall 2026. The Clearing House plans to prepare an opening group of banks and customers during the first quarter of 2027, then start network transactions in the second quarter. A tokenized deposit is an electronic record representing bank-held funds.