Barclays is evaluating the construction of a blockchain platform to handle payment and deposit operations
According to Bloomberg, Barclays has sent requests for information to some potential technology suppliers to assess how to build a blockchain platform for processing banking operations such as payments, with possible applications including stablecoins and tokenized deposits, aiming to finalize vendor selection as early as April.
The application of stablecoins in the payment sector is expanding, with Bloomberg Intelligence estimating that by 2030, the annual transaction volume of stablecoin payments could exceed $50 trillion. Previously, Meta has also been testing the integration of stablecoin payments into its applications.
Several banks have begun to lay out blockchain systems, with JPMorgan having previously launched the deposit token JPM Coin for payments to institutional clients, and HSBC planning to expand its tokenized deposit services to corporate clients in the U.S. and UAE in the first half of this year.
You may also like

Binance Coin (BNB) March 2026 Price Prediction: Can Bulls Reclaim $700?
Key Takeaways Binance Coin (BNB), integral to the Binance ecosystem, is trading at $622.36 as of February 2026,…

Solana (SOL) Hits $2T, Launches Payments Hub: SOL on Blaze
Key Takeaways: The innovative Solana Payments Hub allows blockchain-based commercial transactions, solidifying Solana’s position in financial technology. Solana’s…

Cardano Price Signs of Rebound as Whales Collect 819M ADA
Key Takeaways Cardano’s price hovers around $0.26, indicating a potential rebound in the market. Large holders have accumulated…

Pi Network Price Prediction Ahead of Protocol Upgrades Deadline on March 1
Key Takeaways The Pi Network price recently experienced a 5% increase, pushing the value to $0.169 as it…

Will Solana Price Rally to $100 If Bitcoin Reclaims $72K?
Key Takeaways: Solana’s price recently experienced a significant 13% increase, with the token rallying above $89, inciting speculation…

They wrote ZachXBT a solid script, each one more profitable than the last

Key Market Insights for February 27th, how much did you miss?

Bitcoin's "Identity Crisis": Why It's Becoming Less Like a Safe Haven Asset?

Ethereum ERC-5564: Keep Your Receiving Address Private

The Korean youth who stays up all night trading cryptocurrency, diving headfirst into Samsung Hynix

Dialogue Michael Saylor: The cost of holding strategy has no substantial meaning, Bitcoin's utility is high, so its volatility is large

When everyone is selling software stocks, HSBC says you are wrong

Will 99% of tokens go to zero?

How did the great detective ZachXBT become adept at solving bizarre cases?

The cryptocurrency crash that evaporated 40 billion dollars, some people knew the outcome 10 minutes in advance

Institutions are embracing cryptocurrency, but practitioners are unusually frustrated. Who will ultimately win?

Morning Report | Bitwise acquires Chorus One; Circle announces Q4 2025 and full-year performance; Stripe initiates share buyback at a valuation of $159 billion

Vitalik Chiang Mai Dialogue: The Explosion of Artificial Intelligence, What Should Crypto Fight For?
Binance Coin (BNB) March 2026 Price Prediction: Can Bulls Reclaim $700?
Key Takeaways Binance Coin (BNB), integral to the Binance ecosystem, is trading at $622.36 as of February 2026,…
Solana (SOL) Hits $2T, Launches Payments Hub: SOL on Blaze
Key Takeaways: The innovative Solana Payments Hub allows blockchain-based commercial transactions, solidifying Solana’s position in financial technology. Solana’s…
Cardano Price Signs of Rebound as Whales Collect 819M ADA
Key Takeaways Cardano’s price hovers around $0.26, indicating a potential rebound in the market. Large holders have accumulated…
Pi Network Price Prediction Ahead of Protocol Upgrades Deadline on March 1
Key Takeaways The Pi Network price recently experienced a 5% increase, pushing the value to $0.169 as it…
Will Solana Price Rally to $100 If Bitcoin Reclaims $72K?
Key Takeaways: Solana’s price recently experienced a significant 13% increase, with the token rallying above $89, inciting speculation…