- Cari Network is building a tokenized deposit platform for US regional banks.
- The system runs on ZKsync’s Prividium stack, designed for institutional use.
- Offers stablecoin-like speed and transferability with full regulatory compliance.
- Enables banks to issue onchain deposits backed 1:1 by traditional funds.
- Focuses on privacy, security, and cross-chain interoperability.
Cari Network has announced the development of a bank-governed tokenized deposit platform built on ZKsync’s Prividium stack, targeting US regional banks. The initiative aims to modernize payment infrastructure by enabling financial institutions to issue digital deposits that operate on blockchain rails.
These tokenized deposits are designed to mirror the functionality of stablecoins in terms of speed and transferability, while remaining fully integrated within the traditional banking system.
Bridging Traditional Banking and Blockchain
The platform allows banks to offer customers programmable, onchain money backed one-to-one by funds held within regulated institutions. This structure ensures that deposits retain the legal and compliance framework of traditional banking while benefiting from blockchain efficiency.
By leveraging this model, Cari Network seeks to provide regional banks with tools to compete more effectively with stablecoin issuers and fintech platforms offering faster payment solutions.
Role of ZKsync’s Prividium Stack
ZKsync’s Prividium stack is purpose-built for institutional adoption, offering features such as user-level privacy, compliance tooling, and full data control. It also provides cross-chain connectivity and security aligned with Ethereum standards.
These capabilities are intended to address key concerns among financial institutions, including regulatory requirements, data confidentiality, and operational security.
Growing Institutional Interest
The move reflects a broader trend of traditional financial institutions exploring blockchain-based infrastructure for payments and asset tokenization. Regional banks, in particular, are increasingly seeking ways to modernize legacy systems while maintaining regulatory compliance.
Cari Network’s platform positions itself as a bridge between conventional banking and decentralized technologies, offering a controlled environment for digital asset innovation.
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