UK plans to issue its first tokenized sovereign bond before early 2027, on-chain cash settlement still needs to be resolved
2026-07-22 15:38
Odaily Planet Daily News The UK plans to issue its first tokenized sovereign bond before early 2027. The key prerequisite at present is resolving the issue of on-chain cash settlement, which has limited institutions' use of digital bonds for years.
Industry experts indicate that the plan may have gained sufficient support from the UK Treasury, the Bank of England, and regulators to move forward after 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 indicate that the plan may have gained sufficient support from the UK Treasury, the Bank of England, and regulators to move forward after 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.
