Cryptoeconomics: Clearing & settlement https://cryptoeconomics.com/topics/clearing-and-settlement/ Coverage filed to the Clearing & settlement desk. en © 2026 Cryptoeconomics Sat, 25 Jul 2026 09:00:00 GMT BNY sets out plan for 24/7 US Treasury settlement with a tokenized Treasury pilot by end-2026 https://cryptoeconomics.com/news/bny-24-7-treasury-settlement-plan/ https://cryptoeconomics.com/news/bny-24-7-treasury-settlement-plan/ Sat, 25 Jul 2026 09:00:00 GMT BNY said in July 2026 that it plans to pilot tokenized US Treasuries on its private blockchain by the end of 2026 and offer round-the-clock settlement for both conventional and tokenized Treasuries in 2027. The bank clears an average of $24.3tn a day as a triparty repo agent and processes about $2.5tn of daily payments. Clearing & settlement Tokenized capital markets Custody & asset servicing Institutions BNY Newsroom: BNY Extends Digital Cash Capabilities for Institutional Clients DTCC begins limited production tokenization of Russell 1000 stocks, ETFs and Treasuries with more than 50 firms https://cryptoeconomics.com/news/dtcc-tokenization-service-limited-production/ https://cryptoeconomics.com/news/dtcc-tokenization-service-limited-production/ Sat, 25 Jul 2026 09:00:00 GMT DTCC started limited production trading on its DTC Tokenization Service in July 2026, covering Russell 1000 constituent stocks, major ETFs and US Treasury securities. JPMorgan, BlackRock and Goldman Sachs are among more than 50 participating firms, with full commercial launch targeted for October 2026. Tokenized capital markets Clearing & settlement Institutions DTCC ECB study finds tokenised bonds lowered borrowing costs but not operational costs https://cryptoeconomics.com/news/ecb-macroprudential-bulletin-tokenised-bonds/ https://cryptoeconomics.com/news/ecb-macroprudential-bulletin-tokenised-bonds/ Sat, 25 Jul 2026 09:00:00 GMT The European Central Bank published a study of the tokenised bond market in Issue 33 of its Macroprudential Bulletin on 13 April 2026, comparing matched samples of tokenised and conventional European corporate bonds. It found tokenised issues reduced borrowing costs and improved secondary market liquidity, with no visible reduction in operational costs. Tokenized capital markets Financial stability Clearing & settlement ECB Macroprudential Bulletin Issue 33: Tokenised bonds: assessing efficiency and liquidity in a nascent market