Topic Archive

#Tokenized deposits

7 Stories Found

Coins•Oct 7, 2026

Swift Blockchain Ledger Requires Key Internal Layers, Taurus Co-Founder Warns

Key Highlights: Swift’s blockchain-based ledger is poised for live payments, yet participating banks require substantial internal digital-asset infrastructure before they can integrate. Institutions must establish proprietary permissioned ledgers, secure digital asset wallet capabilities, and smart-contract systems to interface with Swift’s network, according to custody and tokenization firm Taurus. While 17 banks began preparing live tokenized-deposit ...

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Coins•Oct 2, 2026

BNY and Kraken Parent Payward in Talks Over Infrastructure Partnership

Key Highlights: BNY is in talks with Payward, the Wyoming-based parent company of crypto exchange Kraken, over a potential broad partnership. The proposed agreement could cover digital-asset products, custody, wealth management, trading, payments and financial-market infrastructure. Discussions remain ongoing, with no guarantee that BNY and Payward will reach a final agreement. BNY and Payward Discuss ...

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Coins•Sep 29, 2026

Citi Expands Token Services to Japan and the UAE

Key Highlights: Citi has expanded Citi Token Services to Japan and the United Arab Emirates (UAE). The blockchain-based platform uses tokenized deposits and a private blockchain to move funds between Citi accounts almost instantly. The service will support USD transactions in Japan and both USD and EUR transactions in the UAE. Citi Expands Tokenized Payment ...

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Coins•Sep 24, 2026

Barclays, HSBC, Lloyds and Other UK Banks Test Tokenized Deposits in First Live Customer Transactions

Key Highlights Seven major UK banks—including Barclays, HSBC UK, Lloyds, Monzo, Nationwide, NatWest, and Santander—executed the first live customer transactions using tokenized sterling deposits through the Great British Tokenised Deposit initiative. The pilots covered two remortgage completions and a consumer marketplace purchase, demonstrating automated fund locking and release that reduces settlement delays and counterparty risk. ...

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Coins•Sep 22, 2026

Canada’s ‘Big Six’ Banks to Launch Interbank Tokenized Deposit Initiative

Key Highlights Canada’s six largest banks have joined forces to explore a shared tokenized deposit network, keeping customer funds within the regulated banking system while enabling 24/7 programmable payments. The initiative builds on Project Samara, where the Bank of Canada, RBC, and TD successfully issued, traded, and settled a 100 million Canadian dollar bond on ...

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Coins•Sep 19, 2026

Why Wall Street Giants Are Building Tokenized Money for Institutions, Not Retail Investors

Key Highlights Major financial institutions are simultaneously operating tokenized deposits, regulated stablecoins, and traditional correspondent accounts on separate infrastructure, creating operational complexity. Fragmented liquidity across multiple networks multiplies capital inefficiency, with idle funds locked on five networks representing five times the inefficiency of a single pool. Privacy and interoperability remain critical barriers: banks cannot expose ...

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Coins•Aug 30, 2026

From Hawala to SWIFT: Inside the 1,000-Year Battle to Move Money Safely

For a thousand years, the financial industry has sought ways to move wealth virtually. Yet each time innovators develop a faster or more secure method…

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