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Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients

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CoinDesk
By Olivier Acuna
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Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients
Photo / Coverage: CoinDeskCredit: Olivier Acuna
EXECUTIVE SUMMARY

The bank uses Hong Kong's EnsembleTX system to move deposits between participating banks around the clock, settling in central bank money.

Key Takeaways

  • Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients.
  • The bank uses Hong Kong's EnsembleTX system to move deposits between participating banks around the clock, settling in central bank money.
  • The bank uses Hong Kong's EnsembleTX system to move deposits between participating banks around the clock, settling in central bank money.

The bank uses Hong Kong's EnsembleTX system to move deposits between participating banks around the clock, settling in central bank money.

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