Barclays(US:BCS) ZACKS·2026-03-03 18:12Group 1 - Barclays PLC is evaluating the launch of a blockchain-based platform to enhance its payments and deposits infrastructure, with potential provider selection as early as April [1][3] - The proposed system may facilitate stablecoin payments and tokenized deposits, leveraging decentralized ledger technology for faster settlement and improved operational efficiency [2][7] - This initiative reflects a broader industry trend where traditional financial institutions are increasingly adopting blockchain technology to enhance efficiency and transparency in banking operations [3][4] Group 2 - Major banks like JPMorgan have already implemented blockchain-driven solutions, such as JPM Coin, which allows institutional clients to transfer funds efficiently on a blockchain network [4][5] - HSBC has also developed a tokenized deposit service, initially launched in Hong Kong and Singapore, and is expanding it to the United States and UAE to provide 24/7 settlement capabilities [6]