Cari Network, built on ZKsync's Prividium technology, has launched America's first tokenized deposits network with five U.S. regional banks representing $600 billion in deposits.
Key Features:
- Enables regulated institutions to access programmable settlement
- Maintains compliance within existing regulatory frameworks
- Operates on private, enterprise-controlled blockchain infrastructure
- Anchors settlement security to Ethereum
Partnership Details: ZKsync partnered with BitGo to provide a turnkey solution that integrates with existing banking operations, allowing banks to issue, transfer, and settle tokenized deposits without building complex systems internally.
This infrastructure represents a practical path for traditional finance to enter the digital assets economy while staying within regulatory boundaries.
This is spot on. Banks, especially small & mid-sized ones, are rapidly transforming to compete in the digital assets economy. Five 🇺🇸 regional banks, with $600B+ in deposits, already launched the first tokenized deposits network on Prividium.
“I think there’s a common misconception that banks are just asleep at the wheel.” @nlevine19 on how banks are thinking about tokenized deposits: “They recognize that there’s a massive opportunity to leverage this infrastructure to create competitive products and continue to
Learn more about why @carinetwork decided to launch a Prividium to power its tokenized deposit network 👇 zksync.io/blog/five-us-b…
Learn more about why @carinetwork decided to launch a Prividium to power its tokenized deposit network 👇 zksync.io/case-studies/c…
Five U.S. banks $600B in deposits One tokenized deposit network Powered by ZKsync's Prividium
Learn more about our work with @BitGo and how we jointly power adoption of tokenized deposits. zksync.io/case-studies/b…
Built for banks. Ready for deployment. Our partnership with @BitGo enables banks to issue, transfer, and settle tokenized deposits onchain, without building complex systems internally. A turnkey solution designed to integrate with existing banking operations.
The @carinetwork, built on ZKsync, is an early example of what this infrastructure looks like in practice. Cari, starting with five U.S. regional banks representing a total of $600 billions in deposits, gives regulated institutions a path into programmable settlement without
Read more about how Prividiums enable regulated institutions issue tokenized deposits on private, enterprise-controlled chains 👇 zksync.io/tokenized-depo…
Read more about our partnership with Bitgo 👇 coindesk.com/business/2026/…
Learn more about our work with @BitGo and how we jointly power adoption of tokenized deposits 👇 zksync.io/case-studies/b…
Five U.S. banks $600B in deposits One tokenized deposit network Powered by ZKsync's Prividium
Read more about our recently announced partnership with @carinetwork and why five 🇺🇸 banks with $600B in deposits are joining their network. zksync.io/blog/five-us-b…
As @gluk64 had highlighted in his annual roadmap blogpost: 2025 was about setting the foundations, 2026 is about real-world use cases. zksync.io/blog/zksync-ro…
Learn more about how Prividium powers the first-ever 🇺🇸 tokenized deposits network with +$600B in deposits 👇 zksync.io/blog/five-us-b…
"We are giving banks the full stack solution for tokenized deposits that they can plug and play in their existing processes." @gluk64, on stage at @blockworksDAS, sharing how our partnership with @BitGo enables banks to seamlessly come onchain.
Read more about our work with Cari and the first-ever tokenized deposits network in America 👇 zksync.io/blog/cari-sele…
"Tokenized deposits unlock great efficiency gains for banks. Starting with intrabank and interbank settlement and then moving to a completely new money layer." @Ozhar on @Blockworks presenting how ZKsync enables banks to issue tokenized deposits and stay competitive onchain.
Read our 2026 roadmap 👇 zksync.io/blog/zksync-ro…
Read more about ZKsync Connect, the first interoperability protocol built for Institutions 👇 zksync.io/zksync-connect
Learn more about how @carinetwork is leveraging our Prividium technology to launch the first tokenized deposits network in 🇺🇸 zksync.io/case-studies/c…
Learn more 👇 zksync.io/blog/five-us-b…
🏢 Institutional-grade 💼Enterprise-ready 🔌Turnkey ZKsync x @BitGo join forces to build a fully vertical Tokenized Deposits solution enabling every bank to innovate and compete in the digital assets economy.
US Digital Finance Infrastructure: A Question of Equity, Not Banks vs Crypto
**The debate isn't about banks versus crypto** - it's about whether the United States will build digital financial infrastructure accessible to all American banks, or only those large enough to develop it independently. **Key points from zkSync's perspective:** - The U.S. possesses the institutions, capital, and talent to lead global crypto adoption - Current regulatory frameworks lag behind technological capabilities - **Tokenized deposits** could provide every American bank with tools to compete on modern digital rails - The **CLARITY Act** represents the regulatory framework needed to enable this transformation **The core argument:** Digital financial infrastructure should be democratized across the banking sector, not concentrated among institutions with existing resources to build proprietary systems. This positions the conversation around **financial equity and infrastructure access** rather than traditional finance versus cryptocurrency. [Read the full analysis](https://www.zksync.io/blog/clarity-act-us-digital-finance-infrastructure)
Western Union Launches USDPT Stablecoin on Solana with Crossmint Partnership
Western Union has entered the stablecoin market by launching **USDPT** on the Solana blockchain, partnering with Crossmint for the initiative. The move marks a significant step for the traditional money transfer giant into the digital asset space. The stablecoin deployment on Solana suggests a focus on fast, low-cost transactions that align with Western Union's core remittance business. American Banker covered the development, featuring insights from industry observers on what this means for the intersection of traditional finance and blockchain technology. Read the full article: [American Banker - Western Union launches its own stablecoin](https://www.americanbanker.com/news/western-union-launches-its-own-stablecoin)
zkSync Lite Shuts Down as Team Pivots to Institutional Finance Layer
zkSync is **sunsetting its Lite product** after determining it fulfilled its original mission. The team is now shifting focus to **Prividium**, a new settlement and coordination layer designed specifically for institutional finance on Ethereum. The new direction emphasizes: - Private execution and selective disclosures - Settlement anchored to Ethereum - Adoption from financial institutions zkSync positions this pivot as building infrastructure for "programmable settlement" as traditional finance evolves, with the $ZK token underpinning network activity. Full details on the rationale and mechanics: [zkSync blog post](https://www.zksync.io/blog/zksync-lite-sunset)
Lite Withdrawal Portal Launches with Sponsored Withdrawals and Independent Verification
Users with funds on Lite can now claim their balances on Ethereum L1 through a new dedicated withdrawal portal. **Key Features:** - Independent verification tools published for transparency - First 100,000 withdrawals will be sponsored - Withdrawal mechanism placed under Token Assembly governance - Process designed to reduce dependence on single operators The withdrawal system prioritizes decentralization and user control while maintaining accessibility through sponsored transactions.