Payments Daily · Saturday, November 14, 2026Daily
PAY.NEWS
EnsembleTX supports 24/7 settlement of tokenized deposits
The Hong Kong Monetary Authority said Project Ensemble pilot EnsembleTX now supports 24/7 interbank settlement of tokenized deposits, and plans to introduce more tokenized use cases to expand transaction volumes. The Bank of England, MAS, and the Bank of Thailand also announced results from trials of cross-system PvP foreign exchange settlement and multilateral netting.
Payments & Infrastructure
Fintech News Hong KongProject Ensemble to scale up, with tokenized deposit settlement now operating 24/7
Project Ensemble plans to introduce more tokenized use cases to expand transaction volumes, the Hong Kong Monetary Authority said, noting that its EnsembleTX pilot now supports 24/7 interbank settlement of tokenized deposits. Transactions are settled in tokenized central bank money, and the pilot involves 12 participating banks and 20 industry pioneers. In addition, two tokenized money market funds recognized by the Securities and Futures Commission of Hong Kong began 24/7 secondary-market trading on licensed virtual asset trading platforms on October 26.
Bank of EnglandFirst partyBank of England, MAS, and Bank of Thailand announce results of Project Meridian FX APAC settlement trials
The Bank of England, MAS, and the Bank of Thailand announced the results of Project Meridian FX APAC trials, which tested PvP foreign exchange settlement and multilateral netting across different technology systems. The trials covered RTGS and distributed ledger technology-based settlement systems. Partior developed, integrated, and tested a Synchronisation Operator prototype; the results showed that synchronized settlement can be achieved across different central bank systems and highlighted the related requirements and trade-offs.
Regulation & Compliance
Tether, Tron, and Chainalysis form DCTF, succeeding T3’s financial crime unit
Tether, Tron, and Chainalysis formed the Digital Crime Task Force (DCTF) on November 12 to identify illicit USDT transactions on Tron and take action to intercept funds before they are transferred.