Standard Chartered Launches 24/7 Tokenized Deposit Settlement in Hong Kong
Photo: Crypto Economy
TL;DR Standard Chartered launched tokenized deposits in Hong Kong, its first market offering corporate clients 24/7 interbank settlement through HKMA’s EnsembleTX infrastructure. The solution uses regulated commercial-bank deposits rather than stablecoins, with interbank settlement in central bank money, including wholesale CBDC, on a continuous basis. China AMC, Finloop and PantherTrade have executed live tokenized-deposit and ... Read more
Source: Crypto Economy
