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HSBC to bring tokenized deposits to US and UAE as stablecoin race heats up

November 19, 2025 by DIGIT
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HSBC to bring tokenized deposits to US and UAE as stablecoin race heats up

HSBC is the latest megabank to double down on tokenized deposits versus stablecoins by preparing for new launches in the US and the UAE next year.

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  • bitcoinBitcoin(BTC)$89,691.00-2.83%
  • ethereumEthereum(ETH)$3,039.69-4.35%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.61%
  • binancecoinBNB(BNB)$887.82-1.59%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.75-3.73%
  • tronTRON(TRX)$0.286374-0.51%
  • staked-etherLido Staked Ether(STETH)$3,039.13-4.27%
  • dogecoinDogecoin(DOGE)$0.140033-5.10%