Read more about how Cari brings tokenized deposits to the U.S. Banking system leveraging Prividium 👇https://t.co/hdUUiuhD8g ...

A new chapter for 🇺🇸 banking. Powered by Prividium.Catch @Ozhar on @Blockworks X Space later today discussing how tokenized deposits enable American banks to stay competitive in the digital assets economy.🗓️March 19⏰12 PM EST https://t.co/CRWAc2IoU6 ...

Cari Selects ZKsync’s Prividium As US Regional Banks Enter Stablecoin Race Cari Network, a permissioned blockchain platform led by former United States Comptroller of the Currency Gene Ludwig, has selected Matter Labs’ Prividium infrastructure to power a bank-governed tokenized deposit network targeting US regional and mid-sized lenders. Built on ZKsync and anchored to Ethereum, the platform is designed to enable participating banks to issue and move tokenized deposits around the clock while keeping them o ...

ZKsync has announced the launch of Cari Network, a new platform developed alongside five regional banks that wants to bring tokenized deposits onchain. New Network: The Cari Network – developed by ZKsync in collaboration with Huntington Bancshares, First Horizon, M&T Bank, KeyBank, and Old National Bancorp – is built on ZKsync's "Prividium" stack, a flexible Ethereum L2 framework designed for financial institutions that prioritizes private execution and compliance. According to a press release, Cari Networ ...

Five major U.S. regional banks just launched a direct assault on the private stablecoin market. The consortium unveiled the Cari Network today, a blockchain-based payment rail built on ZKsync that enables instant settlement of tokenized deposits without funds leaving the insured banking perimeter. This marks the most significant attempt yet by traditional finance to reclaim the settlement layer from dominant non-bank issuers like Tether and Circle. Key Takeaways: The Cari Network leverages ZKsync’s “Pri ...

Today marks a new chapter for U.S. banking.The Cari Network, developed alongside five regional banks, is building a new platform to bring tokenized deposits onchain.Secure. Private. Within the regulatory perimeter. Powered by ZKsync’s Prividium. https://t.co/TZYafawLV9 ...

From policy to banking infrastructure.@gluk64 will be on stage at the @DigitalChamber #DCBlockchain Summit discussing the role of tokenized deposits in the next generation of financial markets.📍Washington, D.C.🗓️March 18⏰1:35 pm https://t.co/P5lTlF2LQU ...

Core Insights - Zions Bancorp is undergoing a leadership change in its technology team, with the departure of Jennifer Smith, the chief technology and operations officer, whose responsibilities will be divided between two other executives [1] - The bank's modernization of its core systems, completed in 2024, is seen as a competitive advantage in the face of rapid technological changes in the banking industry [8][10] Technology Strategy - Zions is adopting a cautious approach to artificial intelligence (AI) and stablecoins, focusing on governance and standards for AI integration [2][3] - The bank reported an efficiency ratio of 62.6% for full-year 2025, down from 64.2% the previous year, indicating improved expense management relative to revenue [4] - Zions is currently using AI for specific workflows, such as fraud detection and processing unstructured documents, which has streamlined operations for account openings and loan origination [5][7] Future Plans - Zions plans to experiment with stablecoins and tokenized deposits later this year, leveraging its modernized core systems for these initiatives [8][12] - The bank is collaborating with Tata Consultancy Services to utilize software for tokenized deposits, with plans to implement it in the innovation lab within the next one to two months [11]

Summary of Zions Bancorporation Conference Call Company Overview - Zions Bancorporation operates through seven affiliates under different brands, including Zions Bank, California Bank & Trust, and Amegy Bank, among others [12][14] - The company employs approximately 9,200 colleagues and serves around 900,000 consumers and 250,000 small and medium-sized businesses [13] Key Priorities for 2026 - Zions is focused on growth, particularly in small and medium-sized businesses, which account for about two-thirds of its revenue [17] - The bank completed a significant core transformation project in July 2024, modernizing its loan and deposit systems, which is unique in the U.S. banking industry [15][16] - The deposit franchise has shown resilience, maintaining a leading position in low-cost deposits despite economic challenges [16] Economic Outlook - The economic environment is perceived as softer, but Zions remains optimistic due to its focus on small and medium-sized businesses, which are accustomed to economic fluctuations [19][20] - Small business owners are described as cautiously optimistic, indicating resilience in the face of economic noise [21] Commercial Real Estate (CRE) and Growth - Zions has intentionally limited its CRE growth to 3%-5% over the past 15 years, focusing on quality over quantity [23] - The bank expects to retain existing loans and grow its CRE book modestly in the current year [24] Energy Sector Insights - Zions has a strong presence in the energy sector with $4 billion in commitments and $2 billion in outstanding loans, aiming for a 10% annual growth [28] - The bank has re-entered the oil and gas hedging business, which is expected to contribute positively to its capital markets revenue [29] Margin Expansion and Financial Performance - The net interest margin improved from 2.91% to 3.31% over recent quarters, aided by a repositioned securities portfolio and stable demand deposits [40][41] - Zions has reduced its reliance on brokered deposits, which has positively impacted its net interest margin [42] Capital Markets and Fee Income - Capital markets revenues increased from $107 million to $125 million, with expectations to reach $200 million by 2028 [50][51] - The bank has integrated its fee income businesses, which now total $675 million, enhancing operational efficiency [54] Technology and Innovation - Zions' investment in modern technology positions it well for future growth, including the exploration of stablecoins and programmable tokens [60][61] - The bank is leveraging AI to improve efficiency and reduce costs, with a focus on automation and outsourcing [72][73] Credit Quality and Capital Management - Zions maintains a strong credit quality with net charge-offs at 15 basis points, significantly lower than industry peers [82] - The bank has a $75 million share buyback authorization, signaling a commitment to returning capital to shareholders [84][87] M&A Strategy - Zions has historically been cautious with M&A, focusing on opportunistic deals that align with its long-term strategy [101][102] Conclusion - Zions Bancorporation is positioned for growth with a solid foundation, strong credit quality, and a focus on small and medium-sized businesses, despite a challenging economic environment [106]

Tokenized deposits aren’t just digital money.They’re the foundation for programmable, institutional-grade financial infrastructure.Learn more about our Tokenized Deposits solutions:https://t.co/lKaQJJQfE1 ...