HSBC and Ant International completed UAE dirham and cross-border dollar deposit-token pilots. The 24/7 bank service spans six markets; transaction sizes remain undisclosed.
The Clearing House selected Quant to build the interoperability layer for a U.S. bank tokenized-deposit network targeting the first half of 2027. Here is what is confirmed.
KB Kookmin Bank plans to use JPMorgan's Kinexys blockchain network for corporate USD payments across 10 countries in August, putting a major South Korean lender on 24/7 institutional settlement rails.
Swift's new blockchain ledger is ready for initial use, with 17 banks preparing tokenized-deposit pilots for 24/7 cross-border payments.