**BNP Paribas Joins Fnality’s Blockchain Settlement Network**
BNP Paribas has gone live on **Fnality’s DLT-based Sterling Payment System (£FnPS)**, executing a swap payment with Lloyds. Fnality uses **tokenized central bank reserves**, offering low-risk, efficient, and programmable settlement for major institutions.
BNP is now the **fourth major bank** to integrate with the platform, following Lloyds, Santander, and UBS. The move supports real-time, cross-border settlement innovation. Fnality is also expanding in the U.S. and exploring integration with DTCC for digital asset collateral.
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