{"id":106553,"date":"2026-08-19T10:09:13","date_gmt":"2026-08-19T10:09:13","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/106553\/"},"modified":"2026-08-19T10:09:13","modified_gmt":"2026-08-19T10:09:13","slug":"hsbc-standard-chartered-make-first-live-tokenized-deposit-tranfer-via-swift-blockchain-ledger-insights","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/106553\/","title":{"rendered":"HSBC, Standard Chartered make first live tokenized deposit tranfer via Swift blockchain &#8211; Ledger Insights"},"content":{"rendered":"<p class=\"wp-block-paragraph\">HSBC and Standard Chartered have announced the inaugural live tokenized deposit transaction using <a href=\"https:\/\/www.ledgerinsights.com\/tag\/swift\/\" rel=\"nofollow noopener\" target=\"_blank\">Swift\u2019s blockchain-based ledger<\/a>. <\/p>\n<p class=\"wp-block-paragraph\">Currently the vast majority of <a href=\"https:\/\/www.ledgerinsights.com\/tokenized-deposits\/\" rel=\"nofollow noopener\" target=\"_blank\">tokenized deposits<\/a> are executed on single bank blockchains and hence only support transactions between customers of the same bank. Swift is enabling interoperability between these silos, using its blockchain to support 24\/7 DLT-based cross border payments.<\/p>\n<p class=\"wp-block-paragraph\">It follows Swift\u2019s announcement that the <a href=\"https:\/\/www.ledgerinsights.com\/citi-hsbc-ubs-among-17-banks-to-pilot-tokenized-deposits-via-swift-blockchain\/\" rel=\"nofollow noopener\" target=\"_blank\">minimum viable product<\/a> version of its blockchain solution was live in July, with 17 banks across six continents preparing to pilot the solution. In the past, many banks have been slow to move from proofs of concept to live transactions, so a month gap is extremely fast for these large banks. Their participation in other tokenized deposit initiatives may have accelerated the move. HSBC and Standard Chartered have been involved in <a href=\"https:\/\/www.ledgerinsights.com\/hong-kong-launches-tokenized-deposit-pilots-a-wholesale-cbdc-soon-not-yet\/\" rel=\"nofollow noopener\" target=\"_blank\">EnsembleX<\/a> coordinated by the Hong Kong Monetary Authority. HSBC is also a participant in multibank tokenized deposit initiatives including the UK\u2019s <a href=\"https:\/\/www.ledgerinsights.com\/uk-finance-six-largest-uk-banks-start-live-tokenized-deposit-pilot-gbdt\/\" rel=\"nofollow noopener\" target=\"_blank\">GBTD<\/a> and the US initiative from <a href=\"https:\/\/www.ledgerinsights.com\/us-banks-tap-the-clearing-house-for-tokenized-deposit-network\/\" rel=\"nofollow noopener\" target=\"_blank\">The Clearing House<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">Article continues \u2026<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"70\" height=\"119\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/05\/subscriber-padlock-small.png\" alt=\"subscriber padlock\" class=\"wp-image-39468\" style=\"width:55px\"\/><\/p>\n<p class=\"wp-block-paragraph\" style=\"padding-top:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);font-size:14px\">Want the full story? <a href=\"https:\/\/pro.ledgerinsights.com\/pricing\/\" rel=\"nofollow noopener\" target=\"_blank\">Pro subscribers<\/a> get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.<\/p>\n","protected":false},"excerpt":{"rendered":"HSBC and Standard Chartered have announced the inaugural live tokenized deposit transaction using Swift\u2019s blockchain-based ledger. Currently the&hellip;\n","protected":false},"author":2,"featured_media":106554,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20667],"tags":[8996,44364,33956,34034,23194,20424,9881,44365,11533,20677,26705,23197,24077],"class_list":["post-106553","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hsbc","tag-blockchain","tag-blockchain-interoperability","tag-cross-border-payments","tag-digital-currency","tag-distributed-ledger","tag-dlt","tag-hsbc","tag-liinea","tag-stablecoin","tag-standard-chartered","tag-swift","tag-tokenization","tag-tokenized-deposits"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117121631252067583","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/106553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=106553"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/106553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/106554"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=106553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=106553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=106553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}