HSBC plans to launch tokenized deposits for corporate clients in the U.S. and UAE next year, expanding its blockchain-based payment services beyond regions like Hong Kong, Singapore, and the UK.
The new system will allow firms to move money instantly across borders at any time, replacing restricted working-hour settlement windows.
HSBC says tokenized deposits will help companies manage liquidity more efficiently.
The bank also plans to enable programmable payments and autonomous treasury tools powered by automation and AI, aligning with broader global banking trends.
You need to login in order to Like
Leave a comment