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HSBC unveils Tokenised Deposit Service for treasury management
Asian Banking & Finance
|Issue 119
HSBC’s Tokenised Deposit Service has gone live in Hong Kong. Tokenised Deposit Service is a bank-led, blockchain-based settlement service that will support treasury management of HSBC's corporate clients with real-time HKD and USD payments. The payments can be facilitated between corporate wallets held by a client at HSBC Hong Kong.
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It supports settlement requirements for tokenisation use cases, including those that are being explored under the Hong Kong Monetary Authority's (HKMA) Project Ensemble, the bank said in a press release.
Ant International is HSBC's first client to adopt Tokenised Deposit Service.
Dit verhaal komt uit de Issue 119-editie van Asian Banking & Finance.
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