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UBS and Ant International partner to use blockchain for faster, secure cross-border payments and liquidity management.
UBS and Ant International have partnered to develop blockchain-based solutions for real-time cross-border payments and liquidity management, signing a Memorandum of Understanding in Singapore.
The collaboration leverages UBS Digital Cash, piloted in 2024, to enable faster, secure, multi-currency settlements across Ant’s global operations.
They will explore tokenized deposits using Ant’s Whale blockchain platform, aiming to eliminate traditional payment delays.
The initiative supports broader efforts to modernize global payment systems with greater efficiency and transparency.
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UBS y Ant International se asocian para utilizar blockchain para pagos transfronterizos más rápidos y seguros y para la gestión de liquidez.