[Barclays Bank Evaluating the Development of a Blockchain Platform for Payments and Deposits] Odaily Planet Daily News – Barclays Bank has sent requests for information to several potential technology providers to evaluate how to build a blockchain platform for handling banking services such as payments. Potential applications may include stablecoins and tokenized deposits, with the goal of selecting a provider as early as April. The use of stablecoins in the payments sector is expanding, and Bloomberg Intelligence estimates that annual stablecoin payment transaction volume could exceed $50 trillion by 2030. Previously, Meta was also testing the integration of stablecoin payments into its applications. Several banks have already begun deploying blockchain systems. JPMorgan previously launched its deposit token, JPM Coin, for payments to institutional clients, while HSBC plans to expand its tokenized deposit services to corporate clients in the U.S. and UAE in the first half of this year.