UK’s largest banks complete world’s first interbank transactions using tokenized deposits

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
UK’s largest banks complete world’s first interbank transactions using tokenized depositsWorldPing
Image via CoinDesk.

What happened

Barclays, NatWest, and HSBC and others used tokenized deposits for remortgages and a marketplace-payment test, taking bank-issued digital cash beyond a single institution.

Key facts

  • Reported by CoinDesk and published Thu, 24 Sep 2026 15:07:18 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. IBM connects Digital Asset Haven to Swift blockchain ledger for tokenized deposit transactions

  2. HIFI raises $37M to expand stablecoin payments, tokenized markets

  3. HIFI raises $37 million Series A to expand tokenized capital markets infrastructure

  4. Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push

  5. IBM opens beta Swift ledger link for 24/7 tokenized deposits

  6. [[alloc] init] Releases Shielded Bitcoin Proposal For Private Bitcoin Transactions

  7. UK’s largest banks complete world’s first interbank transactions using tokenized deposits

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

Follow the story

Living hubs that keep updating as this story develops.

Related WorldPing coverage