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EconomyBritain’s largest banks complete first interbank transactions using tokenised deposits

Britain’s biggest banks have carried out what the industry calls the first transactions anywhere in which tokenised deposits were used to transfer funds between banks. The blockchain-based form of bank money is favoured by the Bank of England over privately issued stablecoins.

British bankstokenised depositsblockchainBank of England

Eeuronews★★★☆☆2026-09-24 08:55Original

Britain’s largest banks complete first interbank transactions using tokenised deposits
Economy