UK's biggest banks just completed their first interbank settlements using tokenized deposits.

This isn't stablecoin territory. These are actual bank liabilities—regulated, insured, full legal backing. Real money moving on-chain between institutions.

The infrastructure shift is happening. Banks are building rails that blur the line between TradFi and crypto. When settlement happens in seconds instead of days, liquidity unlocks at scale.

Watch this space. Tokenized deposits could be the bridge asset nobody's pricing in yet.