Major Banks Launch Tokenized Deposits as Stablecoin Transactions Hit $33 Trillion
Traditional finance made significant moves into tokenization this week:
- **BNY** launched tokenized deposits for collateral and margin workflows, creating onchain digital book entries. [Read more](https://www.bloomberg.com/news/articles/2026-01-09/bny-launches-tokenized-deposits-in-digital-assets-expansion)
- **Stripe** partnered with Crypto.com to enable direct crypto payments at checkout without fiat conversion. [Details](https://www.ledgerinsights.com/stripe-enables-crypto-payments-via-crypto-com-partnership/)
- **Lloyds Bank** completed its first tokenized deposit trade on a public blockchain. "This transaction offers a glimpse into the future of finance: faster, smarter, and more efficient," said Surath Sengupta, head of transaction banking products. [Full story](https://www.finextra.com/newsarticle/47111/lloyds-completes-blockchain-based-tokenised-deposit-transaction)
- **Stablecoin transactions** reached a record $33 trillion in 2025, up 77% year-over-year. USDC accounted for $18.3 trillion of the total. [Bloomberg report](https://www.bloomberg.com/news/articles/2026-01-08/stablecoin-transactions-rose-to-record-33-trillion-led-by-usdc)
- **Amundi**, Europe's largest asset manager, forecasts tokenized funds will reach $120 billion by 2030. [Research findings](https://www.ledgerinsights.com/amundi-forecasts-tokenized-funds-at-120bn-by-2030-far-below-bcg-mckinsey/)