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UBS, Ant International Forge MOU to Expand Strategic Co-op on Blockchain-Based Tokenized Deposit Innovations
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UBS (UBS.US) announced that it had signed a Memorandum of Understanding (MOU) with Ant International for a strategic partnership aimed at exploring innovations in blockchain-based tokenized deposits to support Ant International's global payments settlement and liquidity management. Under the MoU, Ant International will leverage UBS Digital Cash, a blockchain-based payment platform piloted in 2024. UBS Digital Cash will support Ant International's global treasury operations with blockchain-based payments that enable greater efficiency, transparency and security, while UBS applies this expertise to enhance cross-border payment solutions for its clients. AAStocks Financial News |
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