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Canton: Tokenized Deposits Are Live - 18 Aug 2026

By Exbasi Intelligence
Sourced from CoinMarketCal
Canton: Tokenized Deposits Are Live - 18 Aug 2026
The Canton Network announcement states that tokenized deposits are live on Canton, with HSBC, Lloyds Bank, and J.P. Morgan already issuing or testing them.The availability gives Canton a concrete institutional-use signal: banks can use the network for tokenized deposit activity rather than the announcement describing only a planned release. Issuance and testing by the named institutions may increase attention on Canton's role in regulated asset infrastructure, although testing is not evidence of broad production adoption or a measurable market effect. The event indicates access and institutional participation, while the scale and continuity of use remain unspecified. It also does not state transaction volumes, the number of live accounts, or whether testing has progressed into ongoing commercial deployment.Tokenized deposits.Live on Canton.

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