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CFOs have historically operated with limited, delayed visibility into cash. However, banks, most recently HSBC, are now introducing blockchain-based tokenized deposits that enable instant, always-on fund transfers. For CFOs, the implications are both operational and strategic.
This is where banks are focusing their efforts. HSBC’s expansion of its Tokenized Deposit Service, for instance, emphasizes interoperability with clients’ existing treasury infrastructures. The goal is not to replace current systems, but to augment them by allowing tokenized transactions to coexist with conventional payment rails.
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