US Banks Expand Crypto Support, But Actual BTC Storage Remains Rare

US banks are increasingly supporting Bitcoin and stablecoins, but actual BTC storage remains rare. In crypto banking USA 2026, support typically means exchange transfers, institutional Bitcoin tools, stablecoin settlement, tokenized deposits, or custody for serious players.

JPMorgan Chase is an institutional leader in tokenized money and JPM Coin, a digital version of deposited cash for institutions. The bank's system moves a digital version of deposited cash for institutions, not meant for shoppers, but acts like ledger-based bank balances that move faster across authorized blockchain rails.

Other US banks supporting Bitcoin include Bank of America, which is testing tokenization and deposit-token planning, and Citigroup, which focuses on digitized cash records and global payment fixes. Wells Fargo is joining projects focused on tokenized commercial bank money, while Goldman Sachs offers big investors access to Bitcoin through tools tied to its price.

Ally Bank is a retail-friendly crypto on-ramp bank, allowing customers to send cash to Coinbase or Kraken transfers. Revolut (US-facing banking partner model) and Custodia Bank offer hybrid crypto banking access, while SoFi Bank has issued the first US stablecoin, sofiUSD.