what's Cari Network?

Cari Network is a permissioned blockchain platform designed to enable always-on, programmable money movement between chartered banks and decentralized finance. It issues digital "Cari" tokens representing customer USD deposits held at participating FDIC-insured banks, preserving traditional deposit protections while unlocking instant settlement and liquidity on-chain. The network integrates seamlessly with existing bank infrastructure, supporting on-demand fiat-token conversions and programmable transactions. By bridging regulated banking with blockchain, it facilitates 24/7 payments, fragmented liquidity pooling, and full auditability, with initial pilots involving major US regional banks targeting a minimum viable product launch by late March 2026.