HSBC and Ant Digital Technologies have completed a technical proof-of-concept in which AI agents discovered digital services and executed real-time micropayments using tokenized deposits. Individual transactions typically cost less than $2. HSBC’s Tokenized Deposit Service provided settlement and real-time risk control through an MCP interface, while Ant Digital’s Anvita Flow handled service invocation and payment processing. Transactions were executed on the Jovay Layer2 testnet. Both companies described the pilot as strictly exploratory and said it does not represent a commercial launch. Tokenized deposits are digital representations of bank-held balances recorded on a distributed ledger and backed by the issuing bank’s balance sheet. HSBC’s TDS represents corporate deposits on-chain at a 1:1 ratio and is designed for programmable, round-the-clock transfers without creating a new public token. Earlier reporting described an Oct. 9, 2026 technical verification involving the same services and testnet, but did not publicly confirm the network, controls or settlement mechanics; the latest account supplies those details. It remains unclear whether the test used real or synthetic funds, how agents were authorized, what limits applied, whether regulators or a central bank observed the exercise, and whether the infrastructure could move toward production. HSBC and Ant have worked on blockchain-enabled payments since at least 2023, including tokenized cross-border transfer work and Middle East pilots involving UAE dirham and U.S. dollar payments.