39 State Bankers Groups Form BankChain Alliance to Build
Crypto InfrastructureBankers associations from 39 US states have formed BankChain Alliance, a shared blockchain network for tokenized deposits, stablecoins and automated settlement, timed to the GENIUS Act's stablecoin framework taking full effect in January 2027. No technology vendor is chosen, no bank has committed capital, and governance mechanics remain undisclosed — this is a defensive land-grab, not a live network.