ABA sets strategy to help banks navigate tokenized money
This item covers remarks by ABA President and CEO Rob Nichols opening the 2026 ABA Annual Convention, in which he outlined the association's plan to support member banks on tokenized money. Compliance and digital asset teams at smaller banks should note the resource gap Nichols flagged and what ABA is offering to close it.
- ABA President and CEO Rob Nichols outlined the strategy in remarks opening the 2026 ABA Annual Convention in Salt Lake City.
- ABA will serve as the banking industry's "on-ramp," positioning itself as a primary source of education, guidance and practical support on tokenized money.
- ABA will also act as a "trusted convener," bringing industry participants together and advocating for fair, equitable access to tokenized money infrastructure.
- Nichols said many banks lack the resources, expertise or market visibility available to larger institutions when it comes to tokenized money.
- Further information is being made available at aba.com/TokenizedMoney.