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Behind the Bank

🛰️ The Scout

What launched across the Americas, Europe, the Middle East and APAC, each scored for adoptability (1 = hard to adopt, 5 = could ship next quarter). Our editorial judgment; sponsors never influence placement or scores.

From Issue #002 ·

🛰️ The Scout: Tokenised deposits and a stablecoin

Region What launched Why it matters Adoptability (Banks / Fintechs)
APAC OCBC and Ant International launched 24/7 tokenised SGD and USD deposits for treasury between Singapore and Malaysia (OCBC) Treasury cash moves outside cut-off times and batch cycles 3 / 2
Middle East This month, Ant International became the first Middle East client of HSBC's Tokenised Deposit Service, after pilot transactions from the UAE to Hong Kong and Singapore (Ant International) Tokenised-deposit networks from different banks are starting to connect 2 / 2
Americas Fiserv's digital-asset platform went live with Bank of North Dakota's Roughrider Coin, a stablecoin that 90+ in-state banks and credit unions reach via Fiserv's commercial online banking (Fiserv) Small banks get stablecoin rails through the Fiserv online-banking system they already use 4 / 2

Adoptability: 1 = hard to adopt, 5 = could ship next quarter. Our editorial judgment.

From Issue #001 ·

🛰️ The Scout

Region What launched Why it matters Adoptability (Banks / Fintechs)
Americas JPMorgan's deposit token, JPM Coin, is now live on Ethereum for institutional clients, after Base (J.P. Morgan) A big bank is putting bank money on a public chain, betting clients want on-chain cash that is still a deposit 2 / 1
Europe Revolut resumed onboarding in Gibraltar and got a licence there for crypto custody, trading and staking (HM Govt of Gibraltar) Building the crypto product one licence at a time, wherever regulators allow 2 / 3
Middle East Ant International won UAE retail-payments and stored-value licences (Ant International) Lets Antom offer card acceptance for merchants and WorldFirst offer cross-border accounts locally 1 / 3

Adoptability: 1 = hard to adopt, 5 = could ship next quarter. Our editorial judgment.