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