{"id":107551,"date":"2026-08-20T14:30:11","date_gmt":"2026-08-20T14:30:11","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/107551\/"},"modified":"2026-08-20T14:30:11","modified_gmt":"2026-08-20T14:30:11","slug":"stanchart-hsbc-execute-first-tokenised-deposit-on-swift-blockchain","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/107551\/","title":{"rendered":"StanChart, HSBC, Execute First Tokenised Deposit on Swift Blockchain"},"content":{"rendered":"

\t\t\t\tCategorised: Crypto<\/a>, The Stream<\/a> | Tags: blockchain<\/a>, deposit<\/a>, HSBC<\/a>, Standard Chartered<\/a>, Swift<\/a>, tokenisation<\/a>
Posted by Colin Lambert. Last updated: August 20, 2026<\/p>\n

Standard Chartered and HSBC say they have successfully completed a bank-to-bank tokenised deposit trade on Swift\u2019s blockchain-based ledger.\"\"<\/p>\n

The banks say this marks a milestone in the use of tokenised deposits by regulated financial institutions to issue, transfer, record and settle tokenised deposits through Swift\u2019s blockchain-based ledger, not only demonstrating interbank interoperability, but helping advance industry progress on 24\/7 cross-border payments. It is also part of a broader industry effort for distributed ledger technology to support real-world payment use cases at scale, while preserving the role of regulated bank money.<\/p>\n

Swift\u2019s announced its blockchain-based ledger was ready for initial use in July, and it had 17 banks across six continents prepared to pilot live transactions using tokenised deposits for 24\/7 payment availability and better liquidity efficiency.<\/p>\n

The transaction was conducted through the exchange of payment messages between HSBC and Standard Chartered using Swift\u2019s ledger. The resulting obligations were recorded as tokenised deposit obligations on both HSBC\u2019s Tokenised Deposit Service (TDS) and Standard Chartered\u2019s tokenised-deposit infrastructure. Swift\u2019s blockchain-based ledger acted as a secure orchestration layer, enabling the obligations to be matched and netted between the two banks prior to final settlement through existing systems.<\/p>\n

\u201cHSBC\u2019s interoperability transaction with Standard Chartered via Swift is a landmark moment for the promise of tokenised deposits, reiterates Lewis Sun, head of digital currencies, HSBC. \u201cIt demonstrates how digital money issued by banks can be interoperable across institutions while maintaining the integrity and regulatory oversight of the existing financial ecosystem.<\/p>\n

\u201cTokenised deposit interoperability underscores how we can bring together different infrastructures to benefit our clients,\u201d he continues. \u201cFor corporates, this is about solving real-world challenges, such as moving liquidity around the world, across financial institutions, increasing cash visibility and reducing the complexities sometimes associated with traditional cross-border transactions.\u201d<\/p>\n

Mark Willis, head of emerging payments, transaction services and digital assets at Standard Chartered, adds, \u201cTokenised deposits are a key pillar of Standard Chartered\u2019s digital assets strategy which aims to build end-to-end solutions that enable our clients to transact, settle and manage tokenised liquidity and value across borders. As institutional demand grows for faster, more efficient ways to move liquidity and optimise working capital increase, interoperable tokenised deposits will play an increasingly important role in helping corporate and institutional clients manage treasury, unlock operational efficiencies and support real time liquidity management across markets.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Categorised: Crypto, The Stream | Tags: blockchain, deposit, HSBC, Standard Chartered, Swift, tokenisationPosted by Colin Lambert. Last updated:…\n","protected":false},"author":2,"featured_media":107552,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20667],"tags":[8996,31621,9881,20677,26705,11531],"class_list":["post-107551","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hsbc","tag-blockchain","tag-deposit","tag-hsbc","tag-standard-chartered","tag-swift","tag-tokenisation"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117128319890185487","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/107551","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=107551"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/107551\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/107552"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=107551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=107551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=107551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}