Stablecoins can move £50 million across borders in seconds, but that doesn't guarantee usable liquidity in a corporate bank account. Our £50M Treasury Test examines how stablecoins, tokenized deposits, Mastercard Move, Swift and Fnality address the gap between 24/7 settlement and fiat availability, who bears the liquidity costs, and where the commercial value lies.
NYSE parent ICE and OKX are preparing to launch one of the first large-scale tests of the SEC’s third-party custodial tokenization model for U.S. equities. The structure could help determine which tokenization model scales public stocks onchain the fastest.
Hong Kong’s HK$20 billion digital green bond offering on HSBC Orion reveals what scaling tokenised capital markets requires: bank money that works across institutions, dependable interbank settlement and payment linked to bond delivery. We unpack the infrastructure and what remains before it can operate around the clock.
Bank of England's Megan Greene: "The popularity of stablecoins could soon fade, replaced by tokenised deposits, or digital versions of traditional bank deposits."
Digital assets are pushing global markets towards a 24/7, always-on system. Bank of England's latest paper on extending settlement hours is one of the clearest signals yet of where this is heading...
The Bank of England is reassessing its proposed stablecoin framework after acknowledging earlier rules may have been too conservative, following sustained pressure from the digital asset industry...
Sarah Breeden, Deputy Governor at the Bank of England, signalled that U.K. regulators may reconsider their relatively strict limits on stablecoin holdings, following pushback from the digital asset industry.
