-+ 0.00%
-+ 0.00%
-+ 0.00%
HSBC, Standard Chartered Complete First Cross-border Tokenized Interoperability Transaction
Share
Listen to the news
04:55 AM EDT, 08/19/2026 (MT Newswires) -- HSBC (HSBA.L) and Standard Chartered (STAN.L) said Wednesday they completed the first bank-to-bank tokenized deposit interoperability transaction through a live cross-border payment. The British lenders executed the transaction through the exchange of payment messages over Swift's blockchain-based ledger, creating tokenized obligations for both HSBC and Standard Chartered. This transaction forms part of an industry-led initiative exploring the use of distributed ledger technology to support real-world payment use cases at scale.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending