UK Finance and the largest banks are launching a digital pound.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The United Kingdom is opening a new chapter in the history of banking and digital payments. UK Finance and the largest banks have announced the launch of a two-year pilot program for cryptocurrencies. The mentioned organization brings together over 300 financial institutions.

Its goal is to test tokenized deposits in pounds. Six of the largest banks operating in the UK market are involved in the project, namely Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide, and Santander.

The pilot program will last until mid-2026. This is one of the most ambitious steps towards the digitization of money in Europe.

The Future of Transactions, or Programmable Pounds

The technological foundation for the project will be provided by Quant Network, a company based in London. The company specializes in blockchain interoperability. Collaboration with banking giants aims to create an environment where money not only circulates faster but also becomes programmable.

Gilbert Verdian, the founder and CEO of Quant, emphasized:

This is a project for building the infrastructure that will drive tomorrow's economy.

This approach aims to change the way value is exchanged on the Internet. It is meant to encompass both the simplest payments for online purchases and the settlement of complex financial instruments.

Three key use cases

As part of the tests, banks will focus on three specific areas:

1. Payments in online markets – tokenized deposits aim to reduce the number of frauds in e-commerce, strengthening trust between buyers and sellers.
2. Mortgage processes – the digitization of settlements in mortgage loans will allow for greater transparency and faster transaction finalization, while simultaneously reducing the risk of fraud.
3. Settlement of bonds – the combination of tokenized money with tokenized assets can simplify the settlement of bonds and other securities.

Continuation of Experiences with Regulated Liability Network

The GBTD pilot is not the first step for UK Finance towards digital solutions. An experiment was already conducted in 2024 as part of the Regulated Liability Network, where a shared settlement infrastructure was tested. Institutions such as Citi, Mastercard, Standard Chartered, and Visa participated in the project.

The findings were promising. The UK Finance report indicated that the use of blockchain in a system processing 14.5 trillion dollars annually could reduce the number of failed transactions, increase transparency, and significantly lower costs.

Jana Mackintosh, Director of Payments at UK Finance, noted:

The private sector wants to invest in the future of banking money, and partnership with regulators is the best way to do it effectively.

Asset tokenization is gaining momentum

The United Kingdom is becoming a testing ground for tokenization. In March, the Treasury announced a pilot for DIGIT digital treasury bonds, which will be issued and settled on the blockchain.

At the same time, the London Stock Exchange Group launched the Digital Markets Infrastructure platform for the tokenization of private funds.

Global forecasts indicate the scale of the upcoming revolution. According to Standard Chartered, the tokenized asset market could reach a value of $30.1 trillion by 2034. Even today, this sector has grown by 80% over the past two years, reaching a record level of $17.4 billion.

As Erin Chen, the president of Injective Labs, noted:

Real-world assets will have the greatest impact on traditional finance this year.

Where is the place for new crypto projects in all this?

The transformation of the banking sector shows that blockchain and tokenization are moving beyond the previously hermetic world of cryptocurrencies, creating real solutions for financial institutions. Individual investors, in turn, are looking for projects that combine traditional currencies with innovations known from DeFi.

In the third quarter of 2025, the mouths of experts spoke in unison like a synchronized chorus: Bitcoin Hyper**.** $Hyper is a new infrastructure project that develops an independent second layer for Bitcoin.

Its core is the Solana Virtual Machine environment, which enables instant and inexpensive transactions as well as access to financial applications based on smart contracts.

Bitcoin Hyper acts as a bridge between the Bitcoin network and modern DeFi tools. Through the tokenization mechanism, users can transfer BTC to the Hyper layer and take advantage of staking, lending, or yield farming features.

Security and transparency

The project gained the attention of investors, raising over 18 million dollars in presale. An audit conducted by Coinsult found no security vulnerabilities, and the creators emphasized the absence of special allocations for insiders.

This approach builds trust within the community, especially in the context of investor questions – which altcoins to buy**?** Projects like Bitcoin Hyper may provide answers for those looking for new opportunities in the blockchain space.

Integration with the ecosystem

The $HYPER token is based on ERC-20 and BEP-20 standards, which allows it to be supported in popular wallets such as MetaMask. Additionally, integration with the Best Wallet app enables easy purchase and immediate staking.

The purchasing process has been simplified to the maximum. Users can acquire tokens using ETH, USDT, USDC, BNB, or a credit card. This is an example of how to buy cryptocurrencies without having to go through complicated procedures.

Can banks and crypto go in the same direction?

The pilot of the tokenized pound in the United Kingdom shows that blockchain technology is no longer the exclusive domain of startups and is reaching major financial institutions.

Banks are looking for ways to reduce costs, increase security, and open up to the future of digital assets. Adapting to new standards is also a necessity, with increasingly demanding clients.

For individual investors, this means opportunities to purchase digital assets with high growth potential. The market for new cryptocurrencies is developing alongside institutional projects.

It is certain that tokenization is no longer a vision, but a process that is gaining momentum. Both banks and crypto projects have their place in it.

Proces edytorski w bitcoinist koncentruje się na dostarczaniu starannie zbadanych, dokładnych i bezstronnych treści. Utrzymujemy surowe standardy pozyskiwania informacji, a każda strona przechodzi skrupulatną recenzję przez nasz zespół czołowych ekspertów technologicznych i doświadczonych redaktorów. Proces ten zapewnia integralność, odpowiedniość i wartość naszych treści dla naszych czytelników.