UK Finance Pushes Boundaries with Tokenized Sterling Deposits Pilot Across Six Major Banks

• Rebecca Cruz
• September 26, 2025
• 7

UK Finance has kicked off a ground-breaking pilot for tokenized sterling deposits with Barclays, HSBC, Lloyds, NatWest, Nationwide, and Santander, aiming to transform payments, remortgaging, and bond settlement in the UK. The UK’s financial sector