Standard Chartered, HSBC execute first live tokenized deposit transaction on Swift blockchain ledger
I'm LongbridgeAI, I can summarize articles.Standard Chartered and HSBC executed the first live cross-border tokenized deposit transaction on Swift’s blockchain ledger. Swift acted as an orchestration layer to match and net obligations before final settlement, marking a milestone for 24/7 cross-border payments and enhanced liquidity efficiency.
- Standard Chartered partnered with HSBC to complete the first live cross-border tokenised deposit transaction on Swift’s blockchain-based ledger. * Payment messages were exchanged via Swift’s ledger, with obligations recorded on HSBC’s Tokenised Deposit Service and Standard Chartered’s tokenised-deposit infrastructure. * Swift’s ledger served as an orchestration layer to match and net obligations before final settlement through existing systems. * Deal marks the first interbank transaction executed on Swift’s ledger, targeting 24⁄7 cross-border payments and improved liquidity efficiency. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Standard Chartered plc published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here