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Standard Chartered Pioneers 24/7 Tokenized Deposits and Settlements in Hong Kong

Standard Chartered Pioneers 24/7 Tokenized Deposits and Settlements in Hong Kong

Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients
Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients

The bank uses Hong Kong's EnsembleTX system to move deposits between participating banks around the clock, settling in central bank money.

Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials
Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials

The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.

Standard Chartered Launches Tokenized Deposits in Hong Kong
Standard Chartered Launches Tokenized Deposits in Hong Kong

Standard Chartered has launched tokenized deposits in Hong Kong, enabling corporate clients to transfer funds between participating banks around the clock.

Standard Chartered Launches 24/7 Tokenized Deposits in Hong Kong
Standard Chartered Launches 24/7 Tokenized Deposits in Hong Kong

China AMC, Finloop and PantherTrade have already executed live tokenized-deposit and money-market-fund transactions, the bank says.... Read the full story at The Defiant

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