UK plans to issue its first tokenized sovereign bond by early 2027, on-chain cash settlement remains a challenge
2026-07-22 15:38
Odaily Planet Daily News The UK plans to issue its first tokenized sovereign bond by early 2027. The current key prerequisite is solving the issue of on-chain cash settlement, a problem that has limited institutional use of digital bonds for years.
Industry experts indicate that the plan may have garnered sufficient support from the UK Treasury, the Bank of England, and regulators to proceed after recent political changes and could potentially increase UK debt demand.
Progress is currently constrained by the lack of standardized on-chain payment methods, mature GBP stablecoins, and regulatory clarity.
Industry experts indicate that the plan may have garnered sufficient support from the UK Treasury, the Bank of England, and regulators to proceed after recent political changes and could potentially increase UK debt demand.
Progress is currently constrained by the lack of standardized on-chain payment methods, mature GBP stablecoins, and regulatory clarity.
