Britain’s largest banks are getting ready to launch tokenized customer deposits by 2026, after a strong push from the Bank of England (BoE). Governor Andrew Bailey called on banks to prioritize this technology instead of diving into the unstable world of stablecoins. Now, big names like HSBC, NatWest, Lloyds, Barclays, Santander, and Nationwide are involved in a new pilot to test how far they can take digital bank money.