BNY Mellon Plans 24/7 U.S. Treasury Settlement by 2027, Tokenized Debt Pilot Launches by End of 2026

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According to Bloomberg, New York Mellon Bank plans to support around-the-clock U.S. Treasury settlement by 2027, with tokenized debt pilots launching on its private blockchain by the end of 2026. The bank has already facilitated after-hours Treasury transactions involving stablecoin issuers Ripple (RLUSD) and OpenEden (USDO) on Fedwire after regular market hours, demonstrating that digital asset ecosystem activity can continue beyond traditional settlement cutoff times.
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