Major Banks Embrace Tokenised Deposits as Stablecoin Alternative
Tokenised deposits may sound like just another fintech buzzword. But this week’s cross-border settlement between two global banks suggests they’re anything but.
Tokenised deposits may sound like just another fintech buzzword. But this week’s cross-border settlement between two global banks suggests they’re anything but.
One of the world’s largest banking and financial services conglomerate, HSBC aims to launch a Hong Kong dollar-backed stablecoin in the second half of 2026, with new crypto-issuing capabilities brought by the HKMA license.
Bangkok, Thailand: Money20/20, the world’s leading fintech show and the place where money does business, today announced 250 confirmed speakers from a total of 39 countries taking their stages at Money20/20 Asia happening in Bangkok on April 21–23, 2026 at the Queen Sirikit National Convention Center (QSNCC).
Global banking giants Citi and HSBC have announced strategic investments in trading technology firm Adaptive, a move that underscores growing demand for innovative, cloud‑native infrastructure in capital markets technology. The funding will accelerate Adaptive’s product development and support its expansion of high‑performance trading solutions.
HSBC’s latest regional economic forecast projects that GDP growth in the Asia ex-Japan region will moderate to around 4.5% in 2026, down from an estimated 4.9% expansion in 2025, with slower activity anticipated across several major economies. This outlook reflects concerns about weakening export demand and uncertainties around the contribution of artificial intelligence (AI)-related investment […]
HSBC launches its 24/7 Tokenised Deposit Service in Singapore, extending its blockchain-based banking platform beyond Hong Kong to enable instant cross-border settlements and modernise treasury management at scale.
This month, HSBC plans to launch an updated mobile app in Hong Kong to offer local consumers what the management of this financial institution characterizes as the most personalized and simplified experience.
One of the largest European lenders, HSBC, on Tuesday, April 29, published information on the financial results of its operations for the first quarter of the current year, which exceeded preliminary expectations due to the robust performance of its wealth business, and strength in its corporate and institutional banking segment.
The media has released information according to which HSBC is currently considering scaling back its retail banking operations in countries such as Mexico, Malaysia, Indonesia, and some others.
Brokerage HSBC expects the S&P 500 index to reach 6,700 by the end of next year.
HSBC has launched a platform for managing domestic and international business payment transactions.
Edward J Achtner, the head of generative AI for UK banking giant HSBC, said that many companies have still failed to achieve tangible results in the use of artificial intelligence in their activities, despite statements about significant progress in the relevant direction.
Due to the fresh partnership, businesses in Singapore will be able to leverage global HSBC network and solutions for international expansion and net-zero transition.
Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.
HSBC on Wednesday, February 21, published data on a significant decrease in its quarterly profit after the share of this financial institution in China’s Bank of Communications (BoCom) fell by $3 billion.
HSBC intends to tighten risk management in its Hong Kong unit Hang Seng Bank.
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