đŹđ§ The UK is taking Sovereign Debt On-Chain! âïž
Huge news as the UK Treasury selects HSBCâs Orion platform for its Digital Gilt (government bond) pilot. This isn't just a test; itâs a massive step toward the modernization of global debt markets.
The Goal:
⥠Faster settlement times.
đ Reduced operational friction.
đïž 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. đ
#HSBCDigitalAssets #RWA #blockchain #UKFinance #DigitalGilts