Frank Chaparro(@fintechfrank):Wells Fargo continues to expand crypto footprint according to Q3 earnings call: - Launched tokenized deposits on its own blockchain for corporate clients - Forming a new company with 20 other banks to issue stablecoins starting H1 2027 - Tokenized deposits will let clients move funds 24/7 across accounts and borders "Last month, we launched tokenized deposits on our proprietary blockchain platform, providing corporate and commercial clients with a new way to move money more efficiently. As we expand the platform, clients will be able to move funds 24 hours a day, seven days a week, across accounts and borders, without changing how they bank with us."

2026.10.19 11:20

Wells Fargo continues to expand crypto footprint according to Q3 earnings call: - Launched tokenized deposits on its own blockchain for corporate clients - Forming a new company with 20 other banks to issue stablecoins starting H1 2027 - Tokenized deposits will let clients move funds 24/7 across accounts and borders "Last month, we launched tokenized deposits on our proprietary blockchain platform, providing corporate and commercial clients with a new way to move money more efficiently. As we expand the platform, clients will be able to move funds 24 hours a day, seven days a week, across accounts and borders, without changing how they bank with us." — Charlie Scharf, CEO, Wells Fargo