Summary
HSBC has launched its Tokenised Deposit Service (TDS) in the UAE, enhancing digital money capabilities for seamless, real-time fund transfers across jurisdictions. This service allows eligible clients to conduct 24/7 domestic and cross-border transactions, improving liquidity management. The UAE dirham is now part of a network that includes multiple currencies, reflecting the region's advanced regulatory environment for digital finance. HSBC aims to meet the growing demand for instant liquidity solutions in a digitalized global market.
