[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-us-banks-tokenized-deposit-network-2027-zh":3,"article-related-us-banks-tokenized-deposit-network-2027-zh":31,"series-blockchain-783081bf-049d-42bf-b5f1-79710b99955e":80},{"id":4,"slug":5,"title":6,"content":7,"summary":8,"source":9,"source_url":10,"author":11,"image_url":12,"cover_image":12,"category":13,"language":14,"translated_content":11,"related_article_id":15,"keywords":16,"key_takeaways":23,"views":27,"created_at":28,"published_at":29,"topic_cluster_id":30},"783081bf-049d-42bf-b5f1-79710b99955e","us-banks-tokenized-deposit-network-2027-zh","4 大美銀擬建代幣化存款網路","\u003Cp data-speakable=\"summary\">4 家美國大型銀行正透過 Clearing House 規劃代幣化存款網路，目標在 2027 上半年推出。\u003C\u002Fp>\u003Cp>這項計畫由 \u003Ca href=\"https:\u002F\u002Fwww.jpmorganchase.com\u002F\" target=\"_blank\" rel=\"noopener\">JPMorgan Chase\u003C\u002Fa>、\u003Ca href=\"https:\u002F\u002Fwww.citigroup.com\u002F\" target=\"_blank\" rel=\"noopener\">Citigroup\u003C\u002Fa>、\u003Ca href=\"https:\u002F\u002Fwww.wellsfargo.com\u002F\" target=\"_blank\" rel=\"noopener\">Wells Fargo\u003C\u002Fa>、\u003Ca href=\"https:\u002F\u002Fwww.bankofamerica.com\u002F\" target=\"_blank\" rel=\"noopener\">Bank of America\u003C\u002Fa> 這 4 家大行支持，網路由它們共同持有的支付公司 \u003Ca href=\"https:\u002F\u002Fwww.theclearinghouse.org\u002F\" target=\"_blank\" rel=\"noopener\">Clearing House\u003C\u002Fa> 推進。時間點落在 2027 年上半年，正好卡在美國加密監管仍在拉扯的階段。\u003C\u002Fp>\u003Cp>消息一出，市場立刻把它解讀成銀行對\u003Ca href=\"\u002Fnews\u002Frust-196-latest-release-endoflife-date-en-zh\">穩定\u003C\u002Fa>幣的回應。差別在於，這次不是私人發行人做美元代幣，而是銀行把客戶存款本身數位化，仍留在既有銀行規則與合規框架內。\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>項目\u003C\u002Fth>\u003Cth>數值\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>參與銀行\u003C\u002Ftd>\u003Ctd>4 家\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>上線窗口\u003C\u002Ftd>\u003Ctd>2027 上半年\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>營運方\u003C\u002Ftd>\u003Ctd>Clearing House\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>法規焦點\u003C\u002Ftd>\u003Ctd>Clarity Act\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>被凍結 USDT 涉案金額\u003C\u002Ftd>\u003Ctd>3.44 億美元\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R3 宣稱代幣化資產規模\u003C\u002Ftd>\u003Ctd>約 100 億美元\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch2>發生了什麼\u003C\u002Fh2>\u003Cp>這個網路的核心，是把「存款」變成可在數位系統中流動的代幣，而不是把資金交給第三方\u003Ca href=\"\u002Ftag\u002F穩定幣\">穩定幣\u003C\u002Fa>發行商。對銀行來說，這樣做能把支付、結算與客戶關係留在自己手上，也更容易對接現有的反洗錢、託管與風控流程。\u003C\u002Fp>\n\u003Cfigure class=\"my-6\">\u003Cimg src=\"https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1780892276347-ixva.png\" alt=\"4 大美銀擬建代幣化存款網路\" class=\"rounded-xl w-full\" loading=\"lazy\" \u002F>\u003C\u002Ffigure>\n\u003Cp>它不是孤立事件，而是銀行業對鏈上支付的一次正式試水。\u003Ca href=\"https:\u002F\u002Fwww.jpmorganchase.com\u002F\" target=\"_blank\" rel=\"noopener\">JPMorgan Chase\u003C\u002Fa> 早已經有自家的\u003Ca href=\"\u002Ftag\u002F區塊鏈\">區塊鏈\u003C\u002Fa>支付系統 Kinexys，也曾把存款代幣 JPM Coin 帶到 \u003Ca href=\"https:\u002F\u002Fwww.base.org\u002F\" target=\"_blank\" rel=\"noopener\">Base\u003C\u002Fa> 測試，顯示大型銀行已經不只在觀望，而是在找可落地的產品形態。\u003C\u002Fp>\u003Cp>從目前資訊看，這個方案可能會走偏封閉的路線，因為它由銀行聯盟主導，且目標是把代幣化存款放進傳統金融\u003Ca href=\"\u002Fnews\u002F5-reasons-dell-could-win-ai-infrastructure-2026-zh\">基礎設施\u003C\u002Fa>。這種設計的優點是穩定、合規、易接入企業支付流程，但代價是\u003Ca href=\"\u002Fnews\u002Fopen-source-dev-tools-2026-zh\">開發\u003C\u002Fa>者能用的可組合性和開放性可能有限。\u003C\u002Fp>\u003Cul>\u003Cli>網路由 Clearing House 統籌，屬於銀行自有支付基礎設施。\u003C\u002Fli>\u003Cli>已知參與方包括 JPMorgan Chase、Citigroup、Wells Fargo、Bank of America。\u003C\u002Fli>\u003Cli>目前目標是 2027 年上半年上線，仍屬規劃階段。\u003C\u002Fli>\u003Cli>背景同時牽動 Clarity Act 等美國加密立法討論。\u003C\u002Fli>\u003C\u002Ful>\u003Cp>這也解釋了為什麼銀行要在這個時間點出手。穩定幣已經把跨境支付、鏈上結算與美元流動性這幾個場景搶走一部分注意力，而銀行若不自己做一套代幣化存款機制，就只能把支付入口讓給外部發行人。\u003C\u002Fp>\u003Ch2>為什麼重要\u003C\u002Fh2>\u003Cp>對開發者來說，真正要盯的是這個網路會不會對外開放 \u003Ca href=\"\u002Ftag\u002Fapi\">API\u003C\u002Fa>、是否支援跨機構互通，以及能不能跟現有 treasury、payment orchestration 工具整合。若是封閉式系統，企業可以更快導入，但應用層創新會被限制；若能跨鏈或接公鏈，則可能出現新的清算與資金管理工具。\u003C\u002Fp>\n\u003Cfigure class=\"my-6\">\u003Cimg src=\"https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1780892265467-0cra.png\" alt=\"4 大美銀擬建代幣化存款網路\" class=\"rounded-xl w-full\" loading=\"lazy\" \u002F>\u003C\u002Ffigure>\n\u003Cp>對產業來說，這是銀行版數位美元路線的再一次加速。它不一定會立刻壓過穩定幣，但會讓監管機構更清楚看到兩條路：一條是私人加密發行，一條是銀行存款代幣，兩者在合規、風控與系統責任上的差異很大。\u003C\u002Fp>\u003Cp>更現實的影響是，未來企業在選擇鏈上支付方案時，可能不是只比速度與費用，還要比「錢到底放在哪一種監管架構裡」。這場競爭的問題，已經不是銀行要不要上鏈，而是誰能先把鏈上美元變成企業真正能用的日常工具。\u003C\u002Fp>\u003Cp>當銀行開始自己做代幣化存款，穩定幣市場最該擔心的，可能不是技術，而是分發入口被重新分配。\u003C\u002Fp>","4 家美國大型銀行計畫透過 Clearing House 建立代幣化存款網路，目標在 2027 上半年上線。這可能把銀行存款支付帶進鏈上，也會直接碰上穩定幣與監管競爭。","gizmodo.com","https:\u002F\u002Fgizmodo.com\u002Flargest-us-banks-to-launch-tokenization-network-to-fight-back-against-crypto-stablecoin-startups-2000768384",null,"https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1780892276347-ixva.png","blockchain","zh","7ca80e0b-4bb9-42e2-8093-f5aa9570ce2a",[17,18,19,20,21,22],"代幣化存款","美國銀行","Clearing House","穩定幣","2027","鏈上支付",[24,25,26],"4 家美國大行正透過 Clearing House 規劃代幣化存款網路，目標 2027 上半年上線。","這種設計把銀行存款數位化，和私人穩定幣在合規與控制權上明顯不同。","若網路偏封閉，企業導入會更穩，但開發者可組合性可能受限。",1,"2026-06-08T04:17:24.453531+00:00","2026-06-08T04:17:24.442+00:00","8b4ac364-5a60-488c-9409-221b977b71bb",{"tags":32,"relatedLang":39,"relatedPosts":43},[33,35,36,37,38],{"name":19,"slug":34},"clearing-house",{"name":17,"slug":17},{"name":18,"slug":18},{"name":20,"slug":20},{"name":21,"slug":21},{"id":15,"slug":40,"title":41,"language":42},"us-banks-tokenized-deposit-network-2027-en","4 US Banks Plan Tokenized Deposit Network for 2027","en",[44,50,56,62,68,74],{"id":45,"slug":46,"title":47,"cover_image":48,"image_url":48,"created_at":49,"category":13},"24f3ab93-82fa-4410-99da-909a0ea3b417","solana-apis-cut-weeks-off-integration-zh","7 款最省整合時間的 Solana API","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1781019180168-gy47.png","2026-06-09T15:32:30.454604+00:00",{"id":51,"slug":52,"title":53,"cover_image":54,"image_url":54,"created_at":55,"category":13},"e64dd8d0-aa54-479d-bb94-254a94fefa9e","solana-unchained-token-sale-nears-phase-1-close-en-zh","Solana Unchained 預售 Phase 1 進入倒數","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1781018282067-4d9s.png","2026-06-09T15:17:27.445517+00:00",{"id":57,"slug":58,"title":59,"cover_image":60,"image_url":60,"created_at":61,"category":13},"1a666fb4-9ee7-495d-b45b-199959460e42","june-2026-web3-signals-founders-use-now-zh","2026年6月 Web3 創業者該看什麼","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1781003893042-b5h0.png","2026-06-09T11:17:28.227544+00:00",{"id":63,"slug":64,"title":65,"cover_image":66,"image_url":66,"created_at":67,"category":13},"aa802f2e-4eae-4536-b1a0-c814320963c0","bitcoin-defi-will-grow-but-not-by-copying-ethereum-zh","比特幣 DeFi 會成長，但不是靠複製以太坊","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1780922875348-91e3.png","2026-06-08T12:47:26.064023+00:00",{"id":69,"slug":70,"title":71,"cover_image":72,"image_url":72,"created_at":73,"category":13},"9dca2375-a42a-4d13-9756-dc681328369d","ai-blockchain-projects-need-real-utility-not-token-theater-zh","AI 與區塊鏈要靠真實效用，不靠代幣表演","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1780918380855-iy7d.png","2026-06-08T11:32:16.63163+00:00",{"id":75,"slug":76,"title":77,"cover_image":78,"image_url":78,"created_at":79,"category":13},"e5f1b20c-c4c6-43c6-a8db-be965cdd566e","dmg-50mw-ai-loi-miners-power-assets-zh","DMG 的 50MW AI LOI 證明礦工最該賣的是電力資產，不是算力敘事","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1780917487712-0z92.png","2026-06-08T11:17:28.647982+00:00",[81,86,91,96,101,106,111,116,121,126],{"id":82,"slug":83,"title":84,"created_at":85},"e1b4b518-f86b-410c-8c82-8cfb787ff2ef","moonpay-open-wallet-standard-ai-payments-zh","MoonPay 推 OWS，瞄準 AI 付款","2026-03-28T03:08:33.379969+00:00",{"id":87,"slug":88,"title":89,"created_at":90},"e72bae29-ddbd-437b-aaa4-cd662605394b","next-gen-crypto-simulators-ai-web3-training-zh","新一代加密模擬器更聰明了","2026-04-01T09:36:33.917023+00:00",{"id":92,"slug":93,"title":94,"created_at":95},"b8e39b58-6b9d-4714-92d3-26df18a3e0f4","rtk-cuts-claude-code-token-spend-zh","RTK 讓 Claude Code 少燒 Token","2026-04-01T10:24:29.259497+00:00",{"id":97,"slug":98,"title":99,"created_at":100},"7ff10146-4ca0-4670-a02c-384dde04f610","trm-labs-ai-agents-crypto-investigations-zh","TRM Labs 將 AI agent 帶進加密調查","2026-04-01T10:33:30.166266+00:00",{"id":102,"slug":103,"title":104,"created_at":105},"00668dea-9f0e-4019-b861-03817d5a8877","how-web3-marketing-changed-in-2026-zh","2026 Web3 行銷怎麼變了","2026-04-02T01:36:34.973322+00:00",{"id":107,"slug":108,"title":109,"created_at":110},"e7992274-42ee-40bc-bb05-97250098c56c","ai-agentic-defi-web3-grants-march-2026-zh","AI、Agentic DeFi 與 Web3 補助案","2026-04-02T05:51:36.857954+00:00",{"id":112,"slug":113,"title":114,"created_at":115},"5cef810b-af3d-467a-8b41-627769eca895","why-crypto-is-fixated-on-ai-agents-zh","為何加密圈盯上 AI Agent","2026-04-02T05:54:28.919864+00:00",{"id":117,"slug":118,"title":119,"created_at":120},"d30e6203-d522-41a1-b529-fcf4499cd985","web3-explained-what-it-is-why-it-matters-zh","Web3 是什麼，為何重要","2026-04-02T06:15:32.580114+00:00",{"id":122,"slug":123,"title":124,"created_at":125},"f29e65ae-64df-463b-ba22-afd9dcbd0f8f","trust-wallet-agent-kit-ai-trade-25-chains-zh","Trust Wallet 讓 AI 幫你交易","2026-04-02T06:27:33.183404+00:00",{"id":127,"slug":128,"title":129,"created_at":130},"91022b4c-b53e-4c18-abfe-914a8eca6e28","blockchain-in-ai-real-use-cases-zh","區塊鏈加 AI，真實落地在哪裡","2026-04-02T06:30:44.026286+00:00"]