#TokenizedDeposits

118 articles tagged #TokenizedDeposits — curated RWA tokenization coverage.

#CrossBorderPayments #JPMorgan #Blockchain #Citi #Stablecoins #Swift #InstitutionalFinance #Interoperability #BankingInfrastructure #HSBC

Infrastructure

Monument Bank delays retail tokenized deposits, cites regulatory issues in the UK

London-based challenger bank Monument Bank has postponed the launch of its retail tokenized deposits, shifting the expected rollout to November. The delay stems from the need to satisfy stringent regulatory requirements set by the United Kingdom's Financial Conduct Authority (FCA). To align with these mandates, the bank has engaged a Canadian custodian to oversee the necessary custodial infrastructure. This development highlights the ongoing friction between innovative financial product deployment and the complex compliance frameworks governing digital assets in the UK. While the delay is tactical, it underscores the operational hurdles institutions face when integrating blockchain-based deposit solutions into traditional banking systems. The move reflects a broader industry trend where established financial entities prioritize regulatory alignment over rapid market entry to ensure long-term viability. Ultimately, the successful implementation of these deposits will serve as a critical test case for the scalability of tokenized retail banking products within the British regulatory landscape.

#TokenizedDeposits #DigitalAssets #FCA

CoinDesk·Sep 10, 20266.5

Infrastructure

Banks Bet on Tokenized Assets, But Only 15% Are Production-Ready

Financial institutions are rapidly adopting tokenized deposits and securities to enhance settlement efficiency and liquidity management, yet a significant infrastructure gap persists. According to a September 2026 Fireblocks analysis, only 15% of current custody infrastructure is production-ready, despite 88% of institutions planning digital asset budget allocations by year-end. The Cari Network has successfully onboarded six U.S. regional banks, with a pipeline representing over $10 trillion in assets. Meanwhile, the DTCC achieved a milestone on July 15, 2026, by executing 22 live tokenized securities trades involving major players like J.P. Morgan and Citadel Securities. Payment systems are also evolving through the OUSD initiative, backed by Visa and Mastercard, to streamline cross-border treasury operations. These developments highlight a shift toward real-time settlement and dynamic collateral allocation, though interoperability and control layer maturity remain critical bottlenecks. As early adopters establish operational standards, the industry faces a race to bridge the gap between strategic commitment and live execution to maintain competitive relevance.

#TokenizedDeposits #DTCC #Fireblocks

blockchain.news·Sep 10, 20268.5

Infrastructure

Ex-BoE deputy governor headlines trio of former central bankers joining Fnality

Fnality has appointed former Bank of England deputy governor Jon Cunliffe as chair of its UK board to spearhead the expansion of its blockchain-based settlement infrastructure. The company is scaling its operations beyond its existing sterling payment system to include euro and US dollar-denominated settlement capabilities. Joining Cunliffe on the European supervisory board are Jochen Metzger, formerly of the Deutsche Bundesbank, and Ron Berndsen, a former official at the Dutch central bank. This strategic recruitment of high-level central banking expertise underscores Fnality's focus on integrating central bank money into tokenized financial markets. The firm, which raised $136 million in a Series C round involving Goldman Sachs and Temasek, aims to provide a secure settlement layer for tokenized deposits and stablecoins. By establishing subsidiaries in Germany and the United States, Fnality is positioning itself to support global institutional adoption of DLT-based financial systems. This expansion is critical for the RWA market, as it addresses the fundamental need for safe, regulated settlement assets in an increasingly tokenized financial ecosystem.

#TokenizedDeposits #DLT #BlockchainSettlement

Cointelegraph — Tokenization·Sep 10, 20268.0

Infrastructure

Nacha forms Next-Gen Currency Project Team focused on stablecoins and tokenized deposits

Nacha’s Payments Innovation Alliance has launched the Next-Gen Currency Project Team to investigate the integration of stablecoins and tokenized deposits into the global payments ecosystem. Led by Nacha and the Digital Sovereignty Alliance, this initiative aims to bridge the gap between emerging digital assets and traditional payment methods. The project team will focus on developing educational resources for the payments industry while monitoring the evolving regulatory landscape surrounding digital money movement. By bringing together diverse global stakeholders, the team seeks to address critical questions regarding the practical implications of tokenized assets for standard payment rails. This effort highlights the growing institutional recognition that digital assets are becoming a permanent fixture in the financial infrastructure. As Nacha oversees the ACH Network, their involvement signals a significant step toward standardizing how tokenized value is processed alongside legacy systems. The project is open to all Payments Innovation Alliance members, ensuring a collaborative approach to navigating the future of digital currency adoption.

#Stablecoins #TokenizedDeposits #PaymentsInfrastructure

Finextra — Crypto·Sep 10, 20267.0

Infrastructure

Citi Launches Tokenized Deposit-Based Cross-Border

Citigroup is set to become the first foreign bank to launch tokenized deposit-based international transfers in Japan by the end of the year. This service will facilitate instant, 24/7 cross-border payments for Japanese companies operating across five countries. By leveraging tokenized deposits, the bank aims to streamline transaction processes and enhance operational efficiency for businesses in a globalized market. This initiative represents a significant advancement in the integration of blockchain-based financial technology within traditional banking frameworks. The move is expected to set a new standard for banking services in Japan, potentially influencing other financial institutions to adopt similar innovations. While the broader cryptocurrency market experiences mixed momentum, Citi's commitment to this technology highlights a strategic shift toward real-time, programmable financial operations. The service will operate under Japanese financial regulations, ensuring compliance while introducing cutting-edge payment solutions to the region.

#CrossBorderPayments #TokenizedDeposits #Citi

coinfomania.com·Sep 9, 20267.5

Infrastructure

Dallas Fed’s $700 Billion Tokenized Deposits Analysis: Banking Dynamics and Bitcoin Implications

Research from the Dallas Fed by economists Rosie Levy and Srini Ramaswamy highlights that tokenized commercial bank deposits could reduce the U.S. banking system's long-term risk-absorption capacity by approximately $700 billion. By enabling instant atomic settlement and programmable smart contracts, tokenization removes the operational friction that historically sustained fractional-reserve lending and deposit stickiness. The study models that a 10% increase in depositor sensitivity to interest rates could shrink risk-absorption capacity by $700 billion, while a 10% reduction in deposit tenure could decrease it by $580 billion. To mitigate the risk of instantaneous, automated capital outflows, banks are incentivized to shift assets from long-term loans toward High-Quality Liquid Assets like Treasury bills. This transition forces banks to rely on more expensive wholesale funding, which may lead to wider credit spreads and higher borrowing costs for the real economy. Ultimately, the research suggests that while tokenized deposits modernize banking infrastructure to compete with stablecoins, they act as a de facto tightening of monetary policy. This shift underscores a fundamental transformation in how commercial banks manage balance sheets and liquidity in a blockchain-native financial environment.

#Stablecoins #TokenizedDeposits #BankingInfrastructure

programminginsider.com·Sep 9, 20267.5

Infrastructure

DBS and Citi partner to enable instant cross-border USD payments with tokenized deposits

DBS and Citi have successfully executed the first cross-border USD payment between Singapore and the United States using tokenized deposits on the Swift Digital Ledger. This transaction, completed over a weekend, bypassed traditional banking hours and settled in minutes, significantly improving upon the standard two-day industry norm. By leveraging blockchain-powered infrastructure, the banks aim to provide corporate treasurers with enhanced liquidity management and the ability to move capital across time zones instantaneously. This development addresses the growing demand for 24/7 financial services in Asia, where outbound cross-border payments are projected to reach $24 trillion by 2033. The collaboration highlights a shift from experimental blockchain pilots to real-world institutional adoption of tokenized money. DBS, which previously launched its own DBS Token Services and Treasury Tokens, remains a key participant in the Swift digital ledger core design group. This milestone underscores the broader industry trend of integrating traditional cash management with interoperable digital networks to increase global financial resilience.

#CrossBorderPayments #TokenizedDeposits #Citi

technode.global·Sep 8, 20268.5

Infrastructure

What DBS & Citi’s Tokenized Move Means for Stablecoin Payments

On September 8, 2026, DBS and Citi launched a pilot program enabling instant, 24/7 cross-border USD settlement using tokenized deposits. This initiative allows corporate payments to settle directly between bank accounts on a shared permissioned ledger, effectively bypassing the traditional correspondent-banking network. Unlike public stablecoins such as USDC or USDT, which operate on permissionless blockchains, these tokenized deposits represent digital claims on a commercial bank’s liability within a closed, regulated ecosystem. By wrapping existing dollar deposits into programmable tokens, the banks achieve near-instant settlement without the need for decentralized validators or gas fees. This development signals a significant shift in global treasury operations, as incumbent banks move to match the speed and efficiency previously offered only by crypto-native stablecoin rails. The move validates the growing institutional demand for digital dollar movement while highlighting a bifurcated future where bank-issued tokens and public stablecoins coexist for different use cases. For the RWA market, this underscores the accelerating integration of traditional banking infrastructure with blockchain-based settlement technologies.

#Stablecoins #CrossBorderPayments #TokenizedDeposits

onesafe.io·Sep 8, 20268.0

Infrastructure

MEXC On-Chain Daily Report: DBS and Citi Enable Instant 24/7 Cross-Border USD Payments With Tokenized Deposits

DBS Bank and Citi have successfully completed a pilot program utilizing tokenized deposits to facilitate instant, 24/7 cross-border USD payments. This initiative leverages the Singapore-based DBS bank's infrastructure and Citi's global treasury network to streamline liquidity management and settlement processes. By utilizing tokenized deposits, the banks aim to eliminate the inefficiencies associated with traditional correspondent banking, such as delayed processing times and limited operating hours. The pilot demonstrated the ability to execute near-instantaneous transfers, significantly reducing the friction typically found in international financial transactions. This development marks a notable shift toward the institutional adoption of blockchain-based settlement layers for traditional banking services. As major global financial institutions continue to integrate tokenized assets, the broader RWA market gains increased legitimacy and technical validation. The success of this collaboration highlights the growing trend of banks transitioning from experimental blockchain pilots to functional, high-value payment solutions.

#InstitutionalDeFi #CrossBorderPayments #TokenizedDeposits

mexc.com·Sep 8, 20268.0

Infrastructure

Tokenized Cash Management Advisory Group Publishes Core Principles for Digital Money

The Tokenized Cash Management Advisory Group (TCMAG) has released a foundational set of principles to guide the integration of digital money into corporate treasury operations. Formed as an independent body of treasury practitioners, the group aims to bridge the gap between technological innovation and the stringent risk, control, and operational requirements of large-scale corporate finance. By establishing these standards, TCMAG seeks to move tokenized cash solutions—including stablecoins, tokenized deposits, and money market funds—from experimental pilot programs into reliable, real-world production environments. The initiative emphasizes the necessity of interoperability, security, and a client-centric approach to ensure that new digital assets meet the practical needs of corporate treasurers. Supported by major institutions such as HSBC, Barclays, Swift, and SAP, the group provides a collaborative framework for issuers and ecosystem participants to align their development with industry-standard financial practices. This development is significant for the RWA market as it signals a shift toward institutional standardization, which is essential for the widespread adoption of tokenized cash management tools. By embedding practitioner perspectives early in the development cycle, TCMAG aims to foster a more robust and trustworthy infrastructure for digital asset adoption in global treasury management.

#Stablecoins #TokenizedDeposits #TCMAG

yellow.com·Sep 7, 20267.5

Infrastructure

DBS and Citi complete weekend USD payment via Swift’s Digital Ledger using tokenized deposits

DBS Bank and Citi have successfully executed a live cross-border payment using tokenized deposits on the Swift blockchain ledger. This transaction marks the second confirmed use of Swift's distributed ledger technology, demonstrating the network's capability to facilitate instant, 24/7 settlements. By leveraging tokenized deposits, the banks aim to modernize traditional correspondent banking rails that typically suffer from delays and limited operating hours. The integration highlights Swift's strategic pivot to remain competitive against emerging digital payment infrastructures and private blockchain solutions. This development is significant for the RWA market as it validates the utility of tokenized commercial bank money in institutional cross-border flows. The successful pilot underscores a growing industry trend where traditional financial institutions utilize blockchain to enhance liquidity management and settlement efficiency. As Swift continues to test its ledger, the move signals a broader institutional shift toward programmable money and real-time global value transfer.

#CrossBorderPayments #TokenizedDeposits #Citi

CoinDesk·Sep 7, 20268.5

Infrastructure

Citi, DBS Complete First Weekend Tokenized Deposit Transfer on Swift Ledger

Citi and DBS have successfully executed a cross-border transfer of tokenized deposits using the Swift Digital Ledger, marking the first time such a transaction occurred over a weekend. By processing the remittance outside of traditional banking hours, the banks achieved final settlement in mere minutes, a significant improvement over the standard two-day processing window. This milestone follows Swift's July announcement regarding the rollout of its blockchain-based ledger, which involves 17 major global financial institutions including HSBC, UBS, and Standard Chartered. The successful pilot demonstrates the potential for blockchain technology to eliminate the friction and time delays inherent in legacy cross-border payment systems. This development is part of a broader industry trend where major banks are actively building infrastructure for tokenized deposits to modernize interbank settlements. Citi is currently working toward launching a dedicated tokenized deposit network by the first half of next year, while DBS continues to collaborate with JPMorgan on an on-chain interbank transfer framework. These initiatives collectively signal a shift toward 24/7 global liquidity management through institutional-grade distributed ledger technology.

#CrossBorderPayments #TokenizedDeposits #Citi

en.bloomingbit.io·Sep 7, 20268.5

Infrastructure

DBS, Citi bypass traditional banking hours in cross-border tokenised deposit trial

DBS and Citigroup successfully executed a cross-border US dollar payment on a Saturday, demonstrating the potential for tokenized deposits to bypass traditional banking hours. By utilizing the Swift Digital Ledger, the banks completed the transaction in minutes, effectively eliminating the two-day settlement delays typically caused by time zone mismatches and weekend closures. This milestone highlights a shift from experimental blockchain projects to practical, real-world adoption for global liquidity management. As digital industries like e-commerce demand 24/7 financial services, the ability to move capital outside of standard banking windows becomes a critical competitive advantage. The initiative aligns with broader industry trends, as 50 percent of finance leaders are now exploring blockchain-powered tools for foreign-exchange and liquidity risk. With outbound cross-border payment volumes in Asia projected to reach US$24 trillion by 2033, this trial underscores the growing necessity for instantaneous value transfer infrastructure. DBS, a member of Swift’s core design group, expects its investment in tokenized finance to rival traditional payment spending within three years.

#CrossBorderPayments #TokenizedDeposits #Citigroup

businesstimes.com.sg·Sep 7, 20268.5

Infrastructure

Digital Asset: Tokenized Deposits Key for Crypto Adoption

Digital Asset CEO Yuval Rooz recently discussed the critical role of tokenized deposits in facilitating institutional adoption of digital assets during an interview with Henri Arslanian. The conversation emphasized how tokenized bank deposits serve as a foundational bridge for traditional financial institutions looking to integrate into the broader crypto ecosystem. By leveraging the DAML Canton network, Digital Asset provides the necessary infrastructure to connect legacy banking systems with modern blockchain environments. Rooz highlighted that these tokenized instruments are essential for enabling secure, regulated transactions that coexist alongside assets like Bitcoin. This development is significant for the RWA market as it addresses the liquidity and settlement challenges that have historically hindered institutional participation. The integration of programmable deposits allows banks to maintain compliance while exploring the efficiencies of distributed ledger technology. Ultimately, the focus on DAML Canton underscores a strategic shift toward interoperable, institutional-grade rails for real-world asset tokenization.

#CantonNetwork #TokenizedDeposits #Daml

blockchain.news·Sep 5, 20267.5

Infrastructure

Citi's use of Swift blockchain extends tokenized deposits' reach

Citi has integrated its proprietary Citi Token Services with Swift’s new permissioned blockchain network to enable the cross-institutional movement of tokenized deposits. Previously, Citi’s tokenized deposits were restricted to its internal network, creating a siloed environment that limited the utility of digital assets for global payments. By leveraging Swift’s distributed ledger, which utilizes a layer-two protocol compatible with Ethereum and developed with Consensys, Citi can now facilitate interoperability with other major financial institutions. This development addresses the central limitation of proprietary ledgers by providing a common coordination mechanism for banks to settle transactions without building complex bilateral connections. Seventeen major global banks, including BNY, HSBC, and UBS, are supporting this initiative to modernize correspondent banking. The integration allows for immutable payment messaging while maintaining the security and compliance standards of the traditional Swift network. This move represents a significant step toward a hub-and-spoke architecture that could eventually scale tokenized deposit settlements to a global level.

#Ethereum #TokenizedDeposits #Interoperability

americanbanker.com·Sep 4, 20269.0

Stablecoins

US tokenized deposit network Cari raises $32.5 million from banks

Cari, a specialized network for tokenized deposits, has successfully secured $32.5 million in the first tranche of its initial funding round, with capital sourced exclusively from regional, mid-size, and community banks. The platform aims to provide shared infrastructure that allows smaller financial institutions to mint, transfer, and burn tokenized deposits without the prohibitive costs of independent development. Currently, 30 banks have joined the initiative, with an additional 40 institutions in active discussions to participate. The project reached its minimum viable product stage in March and delivered a full product suite, including wallets and programmability features, by July. Key investors include Glacier Bank and six design partners such as First Horizon Bank, Huntington Bank, and KeyBank. This development is significant for the RWA market as it demonstrates a collaborative approach to blockchain adoption among traditional US banking entities. By pooling resources, these institutions are positioning themselves to compete with larger banks in the digital asset space while maintaining their unique customer service models. The network remains in the pre-production phase as it prepares to scale its tokenized deposit capabilities.

#RWA #TokenizedDeposits #Banking

ledgerinsights.com·Sep 3, 20267.5

Infrastructure

KB Kookmin Bank: First in Korea on Kinexys BDA Network

KB Kookmin Bank has become the first financial institution in South Korea to utilize the Kinexys Blockchain Deposit Account (BDA) network, a solution developed by JPMorgan. This integration allows the bank to facilitate programmable payments and streamline cross-border settlement processes by leveraging blockchain technology. By adopting the BDA, KB Kookmin Bank aims to enhance operational efficiency and reduce the friction typically associated with traditional international banking transactions. The collaboration marks a significant expansion for JPMorgan’s Kinexys platform into the Asian market, demonstrating the growing institutional appetite for tokenized deposit solutions. This development highlights the shift toward programmable money, where smart contracts automate payment execution based on predefined conditions. For the broader RWA market, this move underscores the increasing role of major global banks in building the infrastructure necessary for tokenized liquidity and settlement. As more institutions adopt these blockchain-based deposit accounts, the interoperability between traditional banking systems and decentralized networks continues to strengthen.

#JPMorgan #Kinexys #TokenizedDeposits

jpmorgan.com·Sep 2, 20268.0

Infrastructure

Three Infrastructure Layers Are Converging Into a Single Investable Thesis for Tokenized Finance

The institutional RWA market is undergoing a structural shift as three distinct infrastructure layers—issuance, settlement, and liquidity—converge into a unified financial ecosystem. Securitize Corp. marked a milestone on July 2, 2026, by listing on the NYSE and tokenizing its own stock on Avalanche and Solana. Simultaneously, the DTCC is preparing for an October 2026 launch of its tokenization service for U.S. Treasuries and Russell 1000 constituents, while RedStone Settle enables T+0 settlement for NYLIM's high-yield bond fund. To provide liquidity, a consortium of major banks including JPMorgan Chase, Citigroup, and Wells Fargo is developing a shared tokenized deposit network for 24/7 interbank clearing, targeting a 2027 launch. This integration is being accelerated by the January 18, 2027, compliance deadline for the GENIUS Act, which mandates federal and state licensing for payment stablecoins. While these developments establish the necessary plumbing for onchain capital markets, the industry faces the challenge of generating sufficient secondary market depth to sustain long-term growth. The convergence of these layers aims to transition tokenized finance from isolated pilot programs to systemic utility, with market forecasts projecting up to $30 trillion in onchain value by the early 2030s.

#Securitize #TokenizedDeposits #DTCC

forkast.news·Sep 2, 20269.0

#TokenizedDeposits

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