Cari provides a permissioned, blockchain‑based network that tokenizes U.S. dollar deposits held at chartered banks, creating FDIC‑insured digital tokens for instant, programmable transfers. The platform integrates directly with bank systems to enable on‑demand conversion between tokens and fiat, delivering a compliant, always‑on payment rail that bridges traditional finance and decentralized finance for commercial customers and digital‑asset market participants.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional financial systems lack a seamless, instant mechanism to move value between chartered banks and decentralized finance platforms, leading to fragmented liquidity, slow settlement times, and limited programmability of payments.
Solution
Cari offers a permissioned, blockchain-based network that tokenizes U.S. dollar deposits held at participating chartered banks. Each Cari token represents a FDIC‑insured deposit, enabling on‑chain, programmable transfers that settle at internet speed while preserving the regulatory protections of the underlying fiat. The network integrates directly with existing bank infrastructure, allowing on‑demand conversion between tokens and fiat and providing full auditability and transparency. By bridging traditional finance and DeFi, Cari enables commercial customers and digital‑asset market participants to move digital value securely and instantly without relying on legacy payment rails.
Target Audience
Primary users are commercial customers of chartered banks and participants in digital‑asset markets who require fast, secure, and compliant movement of digital value between traditional finance and decentralized platforms.
Features
- Permissioned blockchain platform designed for compliance with banking regulations and FDIC insurance requirements
- Tokenized deposits (Cari tokens) that represent U.S. dollar balances held at chartered banks
- Instant, programmable on‑chain transfers with built‑in audit trails and full transaction transparency
- Seamless integration with existing bank systems for real‑time conversion between tokens and fiat currency
- Support for commercial banking customers and digital‑asset market participants to access fragmented liquidity
- Always‑on payment rail that operates at internet speed, reducing settlement delays