
Monument delays £250M tokenised deposit launch
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Monument Bank has delayed its planned £250 million tokenised-deposit rollout after facing a UK custody bottleneck.
Anchorage Digital launched a tokenised deposit platform that enables banks to issue blockchain-based representations of customer deposits.
Major U.S. banks are preparing to launch a shared tokenised deposit network by early 2027 as they seek to modernise payments and compete with the growing influence of stablecoins in digital finance.