The post UK Banks Make History With First Interbank Transactions Using Tokenized Deposits appeared first on Coinpedia Fintech News

UK Finance has announced the first interbank transactions using blockchain-based tokenized deposits. Britain’s biggest banks, including Lloyds, NatWest, Barclays and HSBC, completed real-world tests across mortgage and online payments.The move could now open the door to faster bank payments, a new way to use digital money and tokenized bonds. UK Banks Test Tokenized Deposits in …