GLOBEALERT
BUSINESSLOW3h ago · Sep 24, 2026, 8:55 AM

Britain's largest banks make first interbank transactions using tokenised deposits

EuroNews [en] · western europe

Britain's largest banks have completed what the industry describes as the first transactions anywhere using tokenised deposits to move money between one another, a milestone for a blockchain-based form of bank money that the Bank of England favours over privately issued stablecoins.

GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.

More in Business