Tokenized Deposits Go Live Between HSBC, Standard Chartered

NewsThu, 20 Aug 2026 13:08:55 UTC2 hours ago
Tokenized deposits moved between two banks live for the first time on August 19, 2026, when HSBC and Standard Chartered completed a cross-border transaction on Swift's blockchain-based ledger. Swift's ledger matched and netted the obligations before settlement ran through each bank's existing systems.
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