Svmuu News: Barclays has sent requests for information to select potential technology vendors to evaluate how to build a blockchain platform to handle banking operations such as payments. Potential applications may include stablecoins and tokenized deposits, with the bank aiming to finalize its vendor selection as early as April. The use of stablecoins in the payments sector is expanding; Bloomberg Intelligence estimates that annual transaction volume for stablecoin payments could exceed $50 trillion by 2030. Previously, Meta was also testing the integration of stablecoin payments into its applications. Several banks have begun developing blockchain systems; JPMorgan has previously launched the 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 the UAE in the first half of this year.