Morgan Stanley is using DTCC’s Tokenization Service. We examine what is live, what margin and financing workflows require, and where Treasuries and equities could deliver commercial value.
Tokenized assets can move around the clock. This Strategic Edge analysis examines what must happen before that mobility becomes usable institutional collateral.
Visa stablecoin monetization spans card network fees, payment orchestration and issuance infrastructure. With settlement surpassing a $25 billion annualized run rate, we examine where Visa already earns revenue, where new fee pools could emerge, and what remains undisclosed.
Standard Chartered’s Hong Kong tokenized deposit service and HKMA’s EnsembleTX upgrade connect 24/7 interbank settlement with corporate treasury and tokenized investments.
Uber tested weekend investment in a Franklin Templeton tokenized money market fund using HSBC tokenized deposits. Could 1.5 extra days of yield cover Sunday redemption liquidity costs?
UK Government has now assembled the core market structure for DIGIT, its first digitally native sovereign bond. With six Joint Lead Managers, HSBC Orion as issuer DSD and LSEG B3 as investor DSD, the pilot is moving from design into execution and could become a major test of interoperable digital securities and cash settlement infrastructure.
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.
UK banks have put tokenized deposits to work in real customer transactions. Scaling those services depends on connecting banks, currencies and settlement systems. We examine the emerging interoperability models and where banks should invest.
BNP Paribas and HSBC have facilitated a cross-border, cross-currency tokenized-deposit transaction for Siemens using Swift’s shared ledger. The transaction reveals how a hub-of-hubs model could connect banks’ proprietary tokenized-deposit systems without requiring corporates to adopt new treasury infrastructure...
HSBC Global Payments Solutions (GPS), the global product line that provides payments, cash management, liquidity, and treasury infrastructure to institutional clients, has successfully completed a pilot simulating the issuance, transfer and atomic settlement of its Tokenised Deposit Service (TDS) on the Canton Network.
HSBC plans to launch a Hong Kong dollar (HKD) denominated stablecoin in the second half of 2026 under the new licence. The HKD stablecoin by HSBC will be seamlessly integrated into two of Hong Kong’s most widely used digital platforms: PayMe and the HSBC HK Mobile Banking App (HSBC HK App).
HSBC Holdings Plc and Standard Chartered Plc are set to become among the first licensed stablecoin issuers in Hong Kong, giving two of the city’s note-issuing banks a central role in the government’s push to position itself as a global digital-asset hub
