Banking / Corporate Treasury / Tokenized Deposits
How Standard Chartered and Ant International launched tokenized deposits to modernize corporate treasury flows
Standard Chartered launched blockchain-based tokenized deposits in SGD and USD with Ant International as the first client, enabling corporate treasury optimization.
Summary
Tokenized deposits provide blockchain-enabled money movement while keeping funds as bank deposits under institutional control, offering a more 'bank-native' alternative to stablecoins.
What happened
Standard Chartered launched tokenized deposits for SGD and USD, integrated with Ant International's treasury environment to enable corporate value movement via blockchain rails.
Business goal
- Enable real-time visibility of cash positions
- Improve liquidity utilization and reduce payment delays
- Reduce operational complexity across multiple entities and regions
Impact
- Near-real-time internal settlement between corporate wallets/accounts
- Improved automation potential for treasury operations
- Controlled governance within bank-led frameworks