Former U.S. Comptroller of the Currency (OCC) Gene Ludwig-led banking license network Cari Network has selected Matter Labs' Prividium, built on ZKsync and anchored to Ethereum, as the underlying infrastructure to provide "stablecoin-like" on-chain payment and settlement tracks for regional and mid-sized banks in the United States. Banks including Huntington, First Horizon, M&T, KeyCorp, and Old National have reportedly been involved in design and testing, with the project planning to launch an MVP by end of March and conduct pilots in Q3. (Cointelegraph)

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