Why Five Major U.S. Banks Just Chose ZKsync to Settle $600B in Deposits

TLDR: Five U.S. regional banks holding over $600B in deposits have joined Cari Network as design partners on ZKsync. Stablecoins processed $5.7T in 2024, pushing regional banks to seek programmable settlement outside traditional rails. Zero-knowledge proofs allow banks to verify settlement cryptographically without exposing counterparty data to third parties. Prividium lets each bank run its [...]

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