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Barclays

Barclays PLC · home.barclays (opens source in new tab)

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Crypto readiness score

41/100

2/3 status dimensions verified · 2 initiatives · last verified 2026-10-31

#23 of 106 banks in the activity leaderboard →

Score breakdown

How the number above is built — every input is a verified tracker status with a dated source.

Readiness score breakdown
Component	Weight	Points	Basis (verified input)
Commercial availability	35	10.5	Pilot / proof of concept · initiative
Regulatory standing	25	—	No verified status — not scored
Technical delivery	20	15	Live — restricted / specific counterparties · initiative
Product breadth	15	10	2 product categories with a verified status: Tokenized deposits, Stablecoin issuance
Recent verified activity	5	5	Last verified change 2026-09-24

Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology

Initiatives (2)

Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.

Tokenized deposits · United Kingdom
Great British Tokenised Deposit (GBTD): tokenised sterling deposits, first live customer transactions
regulatory
Unknown
technical
Live — restricted / specific counterparties2026-09-24
commercial
Pilot / proof of concept2026-09-24
UK Finance launched the GBTD industry pilot on 26 September 2025 to deliver the first UK live transactions of tokenised sterling deposits, with Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide and Santander (Monzo joined later as the 7th participant). On 24 September 2026 UK Finance said the participating banks had completed the first live customer transactions using tokenised sterling deposits, including remortgage completions and a consumer marketplace purchase, on the GBTD platform developed by Quant.
Scope: Seven participants (Monzo joined January 2026 as 7th); retail live pilots completed September 2026; convened by UK Finance; platform by Quant.
In tracker · last verified 2026-10-31
Stablecoin issuance · Global
Bank group exploring a 1:1 reserve-backed stable payment asset on public blockchains (G7 currencies)
regulatory
Unknown
technical
Announced / exploring2025-10-10
commercial
Announced / exploring2025-10-10
Banco Santander, Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, MUFG Bank, TD Bank Group and UBS said on 10 October 2025 that they are jointly exploring the issuance of a 1:1 reserve-backed form of digital money that provides a stable payment asset available on public blockchains, focused on G7 currencies. The group says it is in contact with regulators and supervisors in each relevant market.
Scope: Ten banks named in the joint statement; G7 currencies; exploration stage.
In tracker · last verified 2026-10-31

Licences & registrations

Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).

No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.

Partners & providers

From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map

Great British Tokenised Deposit (GBTD), convened by UK Finance · named role (tracker) · consortium member
Great British Tokenised Deposit (GBTD): tokenised sterling deposits, first live customer transactions — UK Finance (opens source in new tab)
BCV · named role (tracker) · convenor
Great British Tokenised Deposit (GBTD): tokenised sterling deposits, first live customer transactions — UK Finance (opens source in new tab)
Group of international banks (joint statement, 10 Oct 2025) · named role (tracker) · consortium member
Bank group exploring a 1:1 reserve-backed stable payment asset on public blockchains (G7 currencies) — Barclays (joint statement of the bank group) (opens source in new tab)
Canton Network · co-named in verified item
DTCC Tokenization Service goes live: DTC-custodied securities can be minted as tokens; 20 participants including major banks signed up

Regulator records & actions

None in our verified data.

Markets (from stated target markets): United Kingdom

Timeline

Status changes (tracker history), verified items and regulatory dates, newest first.

2026-10-28 · Item
DTCC Tokenization Service goes live: DTC-custodied securities can be minted as tokens; 20 participants including major banks signed up
DTCC
2026-09-24 · Status
Great British Tokenised Deposit (GBTD): tokenised sterling deposits, first live customer transactions: technical Live — restricted / specific counterparties (opens source in new tab)
UK Finance: participants executed the first set of live retail transactions (remortgage completions and a consumer marketplace purchase) in the GBTD retail live pilots.
2026-09-24 · Status
Great British Tokenised Deposit (GBTD): tokenised sterling deposits, first live customer transactions: commercial Pilot / proof of concept (opens source in new tab)
Live transactions were part of pilots; further pilots on digital-asset settlement are expected; no general availability stated.
2025-10-10 · Status
Bank group exploring a 1:1 reserve-backed stable payment asset on public blockchains (G7 currencies): technical Announced / exploring (opens source in new tab)
Joint statement: the banks are jointly exploring issuance; no product, network or timeline named.
2025-10-10 · Status
Bank group exploring a 1:1 reserve-backed stable payment asset on public blockchains (G7 currencies): commercial Announced / exploring (opens source in new tab)
Exploration only; no launch date given.

In the Weekly Brief

Issues of the weekly brief that covered this institution.

Nº 3 · 2026-W44

Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections

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Bank initiatives, licences and status changes like the ones on this page land in the brief the week they are verified.