HSBC Holdings Plc is set to introduce tokenized deposit services for corporate clients in the United States and the United Arab Emirates by mid-2026. This service will enable 24/7 domestic and cross-border fund transfers with instant processing, enhancing liquidity management for large enterprises. Currently operational in Hong Kong, Singapore, the UK, and Luxembourg, the service supports multiple currencies, including euros and US dollars. The expansion to the UAE will include the dirham. HSBC is also exploring the stablecoin sector, engaging with issuers to provide reserve management and settlement account services. The bank plans to further develop tokenized deposits for programmable payments and autonomous vaults, leveraging automation and AI for cash and liquidity risk management.