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Catch up on Cross-bank tokenised-cash rails

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8material developments in the last 90 days

May 2026

5 items
  1. CommentaryTop signal

    BIS Project Agorá prototype keeps central bank money under domestic control

    CBDC · Tokenised deposit

  2. Commentary

    SoFi’s bank-issued stablecoin opens to 15 million members, but legal protections lag

    Stablecoin · Tokenised deposit

  3. PilotTop signal

    Siemens, Evonik pilot multi- bank CBMT deposit tokens in push for a tokenized SEPA

    Tokenised deposit · CBDC

  4. Commentary

    Qivalis stablecoin consortium adds 25 new banks

    Stablecoin · Tokenised deposit

  5. Commentary

    UK Finance calls for regulatory leeway to support tokenized deposits, GBTD

April 2026

3 items
  1. Live

    FIS launches tokenized deposit, digital currency solution for banks

    Tokenised deposit · Stablecoin · CBDC

  2. Commentary

    CME plans stablecoin issuance. CEO unconvinced re perpetuals for hedging

    Stablecoin · Tokenised deposit · Tokenised collateral

  3. PilotTop signal

    HSBC conducts tokenized deposit pilot on Canton Network, expands to US

    Tokenised deposit · Tokenised bond