UK Finance has revealed that the nation’s major financial institutions—specifically Lloyds, NatWest, Barclays, and HSBC—have successfully executed the first interbank transactions utilizing blockchain-based tokenized deposits. These real-world trials spanned online transactions and mortgages. This development paves the way for accelerated banking transfers, innovative applications of digital currency, and the integration of tokenized bonds. UK Banks Test Tokenized Deposits in …


