The post HSBC To Launch Tokenized Deposits In US And UAE in 2026 appeared com. Global megabank HSBC is doubling down on tokenization over stablecoins as global banks rush to keep pace in the stablecoin race. HSBC Holdings will start offering tokenized deposits to its corporate clients in the US and the United Arab Emirates in the first half of 2026, according to a Bloomberg report on Tuesday. The Tokenized Deposit Service (TDS) by HSBC enables clients to send money domestically and abroad in seconds around the clock, said Manish Kohli, HSBC’s global head of payments solutions. “The topic of tokenization, stablecoins, digital money and digital currencies has obviously gathered so much momentum. We are making big bets in this space,” Kohli said. Tokenized deposits versus stablecoins Tokenized deposits are digital representations of bank deposits issued on a blockchain by regulated banks, allowing for instant 24/7 transfers and programmable payments. Unlike stablecoins, which are often linked to fiat currencies like the US dollar and backed by assets like government debt, deposit tokens are created using the issuer’s balance sheet. While stablecoin issuers like Circle are not allowed to pay yields on stablecoin holdings by users, tokenized deposits offer interest payouts among their key features. “Nearly every large company that we have a conversation with, we are seeing a big theme around treasury transformation,” the HSBC executive said. HSBC stablecoin launch not ruled out The product’s expansion in the US and UAE is the latest by HSBC, following its debut of the offering in Hong Kong in May, with Ant International becoming the first client to utilize the TDS solution. The bank has since expanded the offering.
Tag: independently
Person rescues both an abandoned kitten and, independently, an abandoned puppy on Halloween, and they instantly bond in a howl-loween miracle
Sometimes, the stories that we read online about people saving animals truly sound like miracles. Right time, right place, happy ending, that kind of story. Like when you read about someone rescuing a kitten that was on the verge of crossing the rainbow bridge and giving it a second chance at life, or someone rescuing a pregnant cat that was abandoned in the woods and desperately needed help, or someone rescuing a kitten that was set to be euthanized for no good reason and completely transforming the cat and the cat’s life. And when someone tells us that they read a story online six years ago about someone rescuing both an abandoned kitten and also, independently, an abandoned puppy on Halloween and the two animals becoming instant friends. well, we understand why this story goes viral practically every year when we get an update about them. Because something like that happening is a miracle both animals being happy and healthy and saved by the same person. We hope this story continues to get attention every single year, because it makes us smile every time we see it.
Microsoft says ‘once AGI is declared by OpenAI’ it will be verified by independent experts – here’s why that’s a big deal
Microsoft says ‘once AGI is declared by OpenAI’ it will be verified by independent experts – here’s why that’s a big deal
Tejashwi Yadav is RJD’s CM face, not Mahagathbandhan’s: Congress leader
The opposition Mahagathbandhan is still undecided on its chief ministerial candidate even with the Bihar elections less than 30 days away.
Tejashwi Yadav is RJD’s CM face, not Mahagathbandhan’s: Congress leader
The opposition Mahagathbandhan is still undecided on its chief ministerial candidate even with the Bihar elections less than 30 days away.