HSBC, Standard Chartered make first live tokenized deposit tranfer via Swift blockchain
HSBC and Standard Chartered have announced the first live tokenized deposit transaction executed via Swift's blockchain-based ledger. Currently, most tokenized deposits run on single-bank blockchains, restricting transactions to customers of the same bank. Swift is using its blockchain to enable interoperability between these silos, supporting 24/7 DLT-based transactions across banks.
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