Svmuu News: Several major U.S. banks, includingJPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and HSBC, have announced the formation of a joint network—operated by The Clearing House—that will use blockchain technology to connect tokenized bank deposits. This initiative is a response to the rapid expansion of U.S. dollar-pegged stablecoins, such as USDT and USDC, in the payment and settlement sectors.The network is scheduled to launch next year, with the goal of achieving interoperability among the banks’ internal blockchain systems, prioritizing wholesale payments and liquidity management scenarios.Data from Artemis Analytics shows that stablecoin transaction volume will reach approximately $33 trillion in 2025, while Bloomberg Intelligence projects that related payment volume could exceed $50 trillion by 2030. The banking industry believes this trend has already created direct competitive pressure on traditional deposit and payment businesses.