Wells Fargo to Roll Out Tokenized Deposits for Corporate Clients This Fall
Wells Fargo plans to introduce tokenized deposits for select corporate and commercial clients starting this fall, enabling 24/7/365 movement, programming, and settlement of funds. The offering supports USD-to-GBP transactions, with broader rollout across eligible clients throughout 2027 and additional currencies. It uses smart contracts for conditional payments while maintaining regulatory protections and deposit insurance eligibility.