US regional banks join the stablecoin race
Cari Network, a blockchain-based financial services platform, has announced a partnership with ZKsync to create a tokenized deposit platform that will allow US regional banks to provide their customers with a stablecoin-based payments infrastructure.
The Prividium platform, developed by the ZKsync team, will serve as the foundation for Cari's new offering. It will enable partner banks to issue their own stablecoins backed by real deposits and integrate them into their payment systems. This will give bank customers access to fast, secure, and cost-effective online payments, as well as open up new opportunities for digital financial services.
The interest of regional banks in stablecoins is driven by the fact that this technology gives them the ability to compete with large financial institutions in the digital payments space. In addition, stablecoins provide access to new markets and customers beyond their geographical presence.
According to experts, the partnership between Cari and ZKsync is an important step in the development of a blockchain-based banking ecosystem. This will allow regional banks to offer their customers more modern and convenient financial services that can compete with the major market players.