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RegulationSource: Crypto Economy ·

Standard Chartered Launches 24/7 Tokenized Deposit Settlement in Hong Kong

Standard Chartered launched tokenized deposits in Hong Kong, its first market offering corporate clients 24/7 interbank settlement through HKMA’s EnsembleTX infrastructure. The solution uses regulated commercial-bank deposits rather than stablecoins, with interbank settlement in central bank money, including wholesale CBDC, on a continuous basis.

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