UK plans to issue first tokenized sovereign bond by early 2027, on-chain cash settlement still 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 being the resolution of on-chain cash settlement. This issue has limited institutions from using 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 after recent political changes, and could potentially increase UK debt demand.
Progress is currently constrained by the lack of a standardized on-chain payment method, mature GBP 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 after recent political changes, and could potentially increase UK debt demand.
Progress is currently constrained by the lack of a standardized on-chain payment method, mature GBP stablecoins, and regulatory clarity.
