Execution Tracks

Chain-Specific Working Groups

TCMAG is chain-agnostic at the governance level, but execution tracks run on specific blockchain networks via dedicated working groups. Each group includes banks, stablecoin issuers, and asset managers.

StructuringChain 1

Chain 1 Cash Management Network

A dedicated execution track for banks on Chain 1 to demonstrate interoperable tokenized deposit operations for corporate treasury management.

Infrastructure

Chain 1 Network

Instruments

Tokenized DepositsStablecoinsTokenized MMFs

Key Participants

Major Bank AMajor Bank BMajor Bank CMajor Bank D

Timeline

Q1 2026

Definition

Define KPIs, test cases, and success criteria

Q2 2026

Deployment

Deploy wallets for simulated multinational operations

Q3 2026

Advanced Ops

Programmable liquidity, cross-chain transactions

Q4 2026

Evaluation

Evaluate against KPIs, publish case studies

PlanningChain 2

Chain 2 Corporate Treasury Track

An execution track leveraging Chain 2's Layer 2 infrastructure for high-throughput, low-cost corporate treasury operations with privacy features.

Infrastructure

Chain 2 Network

Instruments

StablecoinsTokenized Deposits

Timeline

Q1 2026

Planning

Scope working group and corporate participants

Q2 2026

Integration

Technical integration and wallet deployment

Q3 2026

Operations

Live treasury operations testing

Q4 2026

Evaluation

Results and production readiness assessment

How Working Groups Operate

Each working group is organized around a specific blockchain network. Corporates provide the use cases, banks issue tokenized deposits and provide wallets, stablecoin issuers provide regulated stablecoins, and asset managers provide tokenized money market fund units. Client access is via bank-provided wallets — one per legal entity.

Participate in a Working Group