UK plans to issue its first tokenized sovereign bond by early 2027, on-chain cash settlement remains unresolved
2026-07-22 15:38
Odaily Planet Daily News The UK plans to issue its first tokenized sovereign bond by early 2027, with the key prerequisite currently being the resolution of on-chain cash settlement issues. This problem has limited institutional use of digital bonds for years.
Industry experts say the plan may have received sufficient support from the UK Treasury, the Bank of England, and regulators to proceed following recent political changes, and could potentially increase UK debt demand.
Current progress is constrained by the lack of standardized on-chain payment methods, mature sterling stablecoins, and regulatory clarity.
Industry experts say the plan may have received sufficient support from the UK Treasury, the Bank of England, and regulators to proceed following recent political changes, and could potentially increase UK debt demand.
Current progress is constrained by the lack of standardized on-chain payment methods, mature sterling stablecoins, and regulatory clarity.
