tokenized-deposits
7 PATHS
Converting an existing Demand Deposit Account balance into an on-chain token on Prividium. The token is a direct liability of the issuing bank — not a stablecoin. FDIC insurance follows the deposit, not the token.
Cari Network · Prividium (ZKsync) · Member BanksInstant deposit transfer between consortium banks on a shared ledger. Huntington customer → KeyCorp customer in seconds, not hours. ZK proofs verify balances without exposing customer data — the "Glass Vault" model.
Cari Network · Huntington · M&T Bank · KeyCorp · First Horizon · Old NationalB2B commercial payment between corporate clients of different consortium banks. Pre-negotiated terms settle atomically on the shared ledger — replacing ACH batch windows with real-time finality.
Cari Network · Corporate Treasury · Member BanksAutomated 24/7/365 treasury balance optimization across consortium banks. Programmatic sweeps move tokenized deposits to where liquidity is needed — bypassing Fedwire windows entirely.
Cari Network · Member Banks · Treasury ManagementMulti-bank tokenized deposit network with central-bank-money interoperability. Citigroup-led consortium exploring shared settlement of commercial bank money, central bank money, and regulated non-bank digital money on a common ledger.
Citigroup · SETL · HSBC · Mastercard · NY Fed (observer)On/off-ramp between tokenized bank deposits and stablecoins (USDC). The regulatory boundary crossing — a Cari token (bank liability, FDIC-insured) converts to a stablecoin (non-bank liability, reserve-backed). Compliance surface widens at the bridge.
Cari Network · Circle · CCTPJPMorgan's tokenized deposit for commercial clients — distinct from Kinexys wholesale rails. Deposit tokens represent JPM commercial account balances, enabling programmable payments and 24/7 treasury operations within JPM's ecosystem.
JPMorgan · Onyx