According to Bloomberg, BNY Mellon is advancing the development of 24/7 U.S. Treasury settlement infrastructure to adapt to the growth of the digital asset market. The bank plans to launch tokenized Treasuries by the end of 2026 and conduct pilot transactions on a private blockchain, aiming to support 24/7 settlement for both traditional and tokenized Treasuries by 2027. Previously, BNY completed an after-hours U.S. Treasury transaction involving stablecoin issuers, executed after the Fedwire Securities Service had closed. Participants included RLUSD issued by Ripple and USDO issued by OpenEden. BNY stated that the growing demand for short-term U.S. Treasuries from stablecoin and tokenized Treasury funds is driving the transformation of traditional settlement systems toward 24/7 operations. https://(wublock123.com)/news/bny-to-support-24-7-us-treasury-settlement-by-2027-tokenization-driving-traditional-finance-upgrade-65123