HSBC launches tokenized deposit service in United States

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HSBC Expands Tokenized Deposit Service to the United States, Connecting Global Liquidity Across Key Financial Markets

April 13, 2026 1:30 PM EDT

HSBC TDS is available in Hong Kong, Singapore, Luxembourg, and the UK

NEW YORK--(BUSINESS WIRE)-- Today HSBC announced the launch of its Tokenized Deposit Service (TDS) in the United States, marking a significant expansion of its digital money capabilities to enable seamless, real-time funds movement across jurisdictions in a regulatory-compliant, always-on environment.

TDS combines the familiarity and trust of traditional bank deposits with the speed, transparency, and automation of blockchain-based rails. Through TDS, eligible clients can transfer funds 24/7 domestically and cross-border from treasury centers to subsidiaries, instantly and on-chain, improving liquidity management and global... More