Deposit Tokens – Are They the Real, Scalable Use Case for Banks?

​DAA, alongside FIS, is hosting an industry panel and networking session focused on the emerging role of deposit tokens within the banking and transaction banking ecosystem.

​Background: Deposit Tokens and Market Context

​As banks globally explore digital money and on‑chain infrastructure, deposit tokens (or tokenised deposits) are gaining attention as a bank‑native form of digital money, representing commercial bank deposits issued in tokenised form while remaining within existing regulatory and balance‑sheet frameworks.

​Unlike stablecoins or CBDCs, deposit tokens are increasingly being discussed as a model that allows banks to participate in digital asset innovation while maintaining regulatory alignment, risk controls, and integration with existing banking infrastructure. As a result, the industry conversation has shifted from experimentation to a more practical question: can deposit tokens scale in real banking environments?

​Asian Banks and How the Market Is Evolving

​Across Asia, banks are actively assessing deposit tokens as part of broader initiatives around:

• ​Payments and transaction banking modernisation

• ​Real‑time and cross‑border settlement efficiency

• ​Liquidity and treasury management

• ​Trade and transaction‑related flows

​With improving regulatory clarity in several markets, banks are exploring incremental and controlled adoption models, focusing on interoperability with existing payment rails and core banking systems rather than wholesale replacement.

​What the Panel Will Discuss

​The panel will bring together senior practitioners to share practical, experience‑led perspectives, including:

• ​What deposit tokens mean for banks today, how adoption is evolving, and where realistic production use cases are beginning to emerge

• ​How Asian banks are approaching deposit token initiatives, balancing near‑term experimentation with longer‑term transaction banking strategy

• ​How deposit tokens compare and coexist with stablecoins, CBDCs, and existing payment rails, and what this means for banks’ technology architectures

• ​Key architectural, operational, and regulatory considerations, including interoperability with core banking systems, payment hubs, channels, and liquidity platforms

• ​The role of technology platforms and ecosystem providers, and what needs to be in place for deposit tokens to move from pilots to scalable, bank‑grade adoption

​The discussion is designed to be open, practical, and grounded in real market experience.

​Agenda

• ​4:00 – 4:30 PM: Registration

• ​4:30 – 4:45 PM: Welcome from FIS and DAA

• ​4:45 – 5:30 PM: Panel discussion & audience Q&A

• ​5:30 – 7:00 PM: Networking, drinks, and light refreshments

​Moderator & Panellists

​Moderator

• ​Steven Hu
  Managing Director, Head of Digital Assets
  OCBC Bank

​Panellists

• ​Andrew Murray
  Leader in International Banking and Payments
  FIS

• ​Eric Pascal
  Global Head, Digital Currencies, Cash Management
  Standard Chartered Bank

• ​Kohei Ueda
  Head of Digital Transformation, Global Transaction Banking
  Mizuho Bank