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Ant International and HSBC Test New Cross-Border Payments Solution Using Tokenised Deposits on Swift's Network and Powered by ISO 20022
Businesswire· 2025-12-11 11:00
SINGAPORE--(BUSINESS WIRE)--Ant International, HSBC and Swift today have completed a successful Proof of Concept (POC) for the cross-border transfer of tokenised deposits using ISO 20022 standards. The initiative leverages Swift's global messaging network and HSBC's recently launched Tokenised Deposit Service, combined with Ant International's blockchain technology. The POC marks a key milestone in Ant International, HSBC, and Swift's efforts to help businesses unlock the full benefits of token. ...