MonitoringCryptoOtherFirst tracked 2026-09-24Last changed 2026-09-24
Current outcome
Seven major UK banks completed the world's first interbank and customer transactions using tokenized British pound deposits on a shared Quant-built platform, covering remortgage payments and a retail purchase test.
Progress timeline
1 material updates- #01
UK’s largest banks complete world’s first interbank transactions using tokenized deposits
Seven major UK banks completed the world's first interbank and customer transactions using tokenized British pound deposits on a shared Quant-built platform, covering remortgage payments and a retail purchase test.
Source evidence: CoinDesk