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4 sourcesTracking since 10h ago

UK banks complete interbank transactions using tokenised deposits

In brief

Barclays, Lloyds and NatWest have completed interbank transactions using tokenised deposits. The transactions tested blockchain-based commercial bank money for mortgage and person-to-person payments. UK Finance described them as the world’s first such interbank transactions.

Summary written by HeraldLoop from 4 sources · updated 2h ago

What changed

  1. 10h agoUK banks make first interbank transactions using tokenised deposits · Global Banking & Finance Review
  2. 3h agoUK banks make interbank deals with tokenised deposits · Business
  3. 2h agoBarclays, Lloyds and NatWest complete tokenized deposit transactions · Crypto.news
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Chronological coverage

  1. Today
  2. Latest1h ago

    Britain's largest banks make first interbank transactions using tokenised deposits

    Britain's largest banks have completed what the industry describes as the first transactions anywhere using tokenised deposits to move money between one another, a milestone for a blockchain-based form of bank money that the Bank of England favours over privately issued stablecoins.

    EuronewsEuronews
  3. Follow-up2h ago

    Barclays, Lloyds and NatWest complete tokenized deposit transactions

    Britain’s largest banks have completed what UK Finance described as the world’s first interbank transactions using tokenized deposits, testing blockchain based commercial bank money across mortgage and person to person payments. According to UK Finance, Lloyds Banking Group, NatWest and…

    Crypto.newsCrypto.news•Rony Roy
  4. Follow-up3h ago

    UK banks make interbank deals with tokenised deposits

    Britain's biggest banks have completed the world's first transactions using tokenised deposits to move money between themselves, a boost for a blockchain-based version of commercial bank money that proponents say offers a safer alternative to stablecoins.

    BBusiness
  5. Yesterday
  6. First seen10h ago

    UK banks make first interbank transactions using tokenised deposits

    GBGlobal Banking & Finance Review