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Bank of England
Britain’s Banks Pick Tokenized Deposits Over Stablecoins. Here’s Why the BoE Is Cheering
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Bank of England
Britain’s Banks Pick Tokenized Deposits Over Stablecoins. Here’s Why the BoE Is Cheering
Anna Dovzhenko
-
September 24, 2026
Major British banks including Barclays, Lloyds, and NatWest have executed the first interbank transfers using tokenised deposits instead of stablecoins, earning support from the Bank of England's modernization efforts.
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