Standard Chartered Bank and ANT GROUP launch tokenized deposit products to support round-the-clock cash flow management | Lianhe Zaobao
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Standard Chartered Bank and ANT GROUP have launched a tokenized Singapore dollar and US dollar account management solution, enabling 24/7 real-time cash flow management aimed at enhancing liquidity and efficiency in the financial markets. This solution is based on the Monetary Authority of Singapore's Guardian Program and supports transactions in Singapore dollars, US dollars, Hong Kong dollars, and offshore renminbi, showcasing the application of blockchain technology in fund management
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