HSBC is the latest megabank to double down on tokenized deposits versus stablecoins by preparing for new launches in the US and the UAE next year. Global megabank HSBC is doubling down on tokenization over stablecoins as global banks rush to keep pace in the stablecoin race. HSBC Holdings will start offering tokenized deposits to its corporate clients in the US and the United Arab Emirates in the first half of 2026, according to a Bloomberg report on Tuesday. The Tokenized Deposit Service (TDS) by HSBC enables clients to send money domestically and abroad in seconds around the clock, said Manish Kohli, HSBC’s global head of payments solutions. Read more
How Ethereum’s Fusaka upgrade scales the L1 and the L2s — explained for ordinary crypto fans without the usual baffling technical jargon. After three successful trials on the Holesky, Sepolia and Hoodi testnet, Ethereums Fusaka hardfork will go live on mainnet on December 3. Its the most eagerly anticipated upgrade to Ethereum since the last one, Pectra although Fusaka will have a much more significant impact, enabling rollups to scale in the space of a month up to 1,000 transactions per second (TPS) and to 100,000 TPS over time. Its actually two separate hard forks: the Fulu upgrade to the consensus layer (the part of a blockchain where validators in the network agree on what happened) and the Osaka upgrade to the execution layer (the part that actually processes transactions). In the future, the consensus layer will be rebuilt as Lean Consensus (formerly known as Beam Chain but renamed after a trademark dispute) and hardened for security and decentralization with finality in seconds. As part of the Lean Eth...
How Ethereum’s Fusaka upgrade scales the L1 and the L2s — explained for ordinary crypto fans without the usual baffling technical jargon. After three successful trials on the Holesky, Sepolia and Hoodi testnet, Ethereums Fusaka hardfork will go live on mainnet on December 3. Its the most eagerly anticipated upgrade to Ethereum since the last one, Pectra although Fusaka will have a much more significant impact, enabling rollups to scale in the space of a month up to 1,000 transactions per second (TPS) and to 100,000 TPS over time. Its actually two separate hard forks: the Fulu upgrade to the consensus layer (the part of a blockchain where validators in the network agree on what happened) and the Osaka upgrade to the execution layer (the part that actually processes transactions). In the future, the consensus layer will be rebuilt as Lean Consensus (formerly known as Beam Chain but renamed after a trademark dispute) and hardened for security and decentralization with finality in seconds. As part of the Lean Eth...