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.
How it works
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