ArifAlpha
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🏦 HSBC Launches Cross-Border Tokenized Deposit Service
2025-09-22 18:26
HSBC Holdings has officially rolled out a tokenized deposit service, enabling corporate clients to conduct secure cross-border transfers using blockchain technology.
▫️ The bank completed its first cross-border USD transaction this month between Hong Kong and Singapore.
▫️ The service builds on HSBC’s existing domestic tokenized deposit product, launched earlier this year in Hong Kong and Singapore.
▫️ It has since expanded to the UK and Luxembourg, supporting multiple currencies including USD, GBP, and EUR.
🔎 Why It Matters
▪️ Bridges TradFi & Blockchain: Tokenized deposits offer efficiency, transparency, and faster settlements.
▪️ Global Expansion: HSBC’s move signals growing institutional adoption of blockchain-based financial rails.
▪️ Corporate Use Case: Aimed at businesses, not retail — positioning tokenized deposits as a backbone for future digital finance.
💡 Mindshare Insight
HSBC’s cross-border blockchain service reinforces the trend of major banks embracing tokenization as a scalable solution for global finance.
👉 Follow for more insights on TradFi x Blockchain adoption & like if you believe tokenized deposits are the future of banking.
2025-09-22 18:26
HSBC Holdings has officially rolled out a tokenized deposit service, enabling corporate clients to conduct secure cross-border transfers using blockchain technology.
▫️ The bank completed its first cross-border USD transaction this month between Hong Kong and Singapore.
▫️ The service builds on HSBC’s existing domestic tokenized deposit product, launched earlier this year in Hong Kong and Singapore.
▫️ It has since expanded to the UK and Luxembourg, supporting multiple currencies including USD, GBP, and EUR.
🔎 Why It Matters
▪️ Bridges TradFi & Blockchain: Tokenized deposits offer efficiency, transparency, and faster settlements.
▪️ Global Expansion: HSBC’s move signals growing institutional adoption of blockchain-based financial rails.
▪️ Corporate Use Case: Aimed at businesses, not retail — positioning tokenized deposits as a backbone for future digital finance.
💡 Mindshare Insight
HSBC’s cross-border blockchain service reinforces the trend of major banks embracing tokenization as a scalable solution for global finance.
👉 Follow for more insights on TradFi x Blockchain adoption & like if you believe tokenized deposits are the future of banking.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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