π° News Alert...
π Title: Britain's Largest Banks Complete First Interbank Transactions Using Tokenised Deposits
ποΈ Published: 2026-09-24T12:00:00.000Z
π Summary: In a pioneering development, Britain's major banks have successfully conducted the first-ever interbank transactions using tokenised deposits. This innovative blockchain-based method marks a significant milestone in the evolution of bank money, aligning with the Bank of England's preference for regulated, blockchain-enabled systems over privately issued stablecoins. This advancement is expected to enhance security, transparency, and efficiency in financial settlements across the banking sector.
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ποΈ Source: Euronews
π #Blockchain #BankingInnovation #FinTech

euronews
UK major banks make first interbank payments with tokenised deposits
Britain's largest banks have completed what the industry describes as the first transactions anywhere using tokenised deposits to move money b...












