UK banks reportedly complete their first customer transactions using tokenized sterling deposits
A September 25, 2026 post says mortgage transactions and online shopping-style payments were tested, with Barclays, HSBC and other UK institutions participating. It says tokenized bond transactions are planned for the first quarter of 2027.
TLDR
A September 25, 2026 roundup says major UK banks completed their first real customer transactions using tokenized sterling deposits on blockchain. It lists Barclays, HSBC, Lloyds, Monzo, Nationwide, NatWest and Santander as participants.
The post also says the U.S. CFTC issued guidance opening the way for regulated commodity firms to invest in eligible tokenized assets and use blockchain-based records. Elsewhere, it describes yen-based EJPY stablecoin tests involving 26 companies, financial institutions and local governments in Japan, tokenized-securities settlement tests using stablecoins in South Korea, and tokenized-deposit tests for interbank transactions in Singapore.
