HSBC Expands Tokenized Deposit Service to Cross-Border Payments and Key Markets

HSBC has expanded its Tokenized Deposit Service to include cross-border transactions and completed its first USD transfer between Hong Kong and Singapore in September. The blockchain-based solution processed the transaction for Ant International, the first customer of the service. The expansion addresses growing demand for instant cross-border settlement through an always-on blockchain platform that supports […] Read The Full Article HSBC Expands Tokenized Deposit Service to Cross-Border Payments and Key Markets On Coin Edition.