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  3. UOB Is First Singapore Bank to Complete Live Tokenised Deposits With HSBC on Swift

Fintech News Singapore

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 Sin

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By Fintech News Singapore

28 August 2026|1 min read|Fintech News Singapore
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UOB Is First Singapore Bank to Complete Live Tokenised Deposits With HSBC on Swift
UOB Is First Singapore Bank to Complete Live Tokenised Deposits With HSBC on Swift
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