UK Banks Complete First Interbank Transactions Using Tokenised Deposits
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Insights by Echo AI
The UK's largest banks, including Lloyds, NatWest, Barclays, and HSBC, have successfully conducted the world's first interbank transactions using tokenised deposits. This marks a significant step towards the adoption of blockchain-based bank money, favoured by the Bank of England over privately issued stablecoins.
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UK banks make first interbank transactions using tokenised deposits ht...
🇬🇧 BIG: UK banks including Lloyds, NatWest, Barclays and HSBC have com...
Britain's largest banks make first interbank transactions using tokeni...
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