UOB Is First Singapore Bank to Complete Live Tokenised Deposits With HSBC on Swift
UOB and HSBC have completed live cross-border Hong Kong dollar transactions using tokenised deposits on Swift’s ledger. The transactions make UOB the first Singapore-headquartered bank to conduct live transactions on the blockchain-based ledger. Swift announced in July 2026 that the ledger was ready for initial use, with 17 banks across six continents preparing to pilot [...] The post UOB Is First Singapore Bank to Complete Live Tokenised Deposits With HSBC on Swift appeared first on Fintech Singapore .
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- 2026-08-28 11:31 UTC
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- 2026-08-28 11:32 UTC
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- UOB Is First Singapore Bank to Complete Live Tokenised Deposits With HSBC on Swift
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Reviewed Fintech News Singapore reporting on Payments and Tokenisation matters for Cross-border payments and Stablecoin payments readers.
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Fintech News Singapore reported the item at 2026-08-28T00:50:43.000Z.
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