🇬🇧 The UK is taking Sovereign Debt On-Chain! ⛓️
Huge news as the UK Treasury selects HSBC’s Orion platform for its Digital Gilt (government bond) pilot. This isn't just a test; it’s a massive step toward the modernization of global debt markets.
The Goal:
⚡ Faster settlement times.
📉 Reduced operational friction.
🏗️ Modernized infrastructure for government debt.
If this scales, the UK could become the first G7 nation to tokenize sovereign bonds at a massive scale. RWAs are officially going mainstream. 🚀
#HSBCDigitalAssets #RWA #blockchain #UKFinance #DigitalGilts