UBS and Ant International have partnered to digitize bank deposits and make global payments faster and easier. The collaboration uses blockchain-based, tokenized deposits so money can move instantly across borders, instead of waiting for traditional banking cut-off times. This upgraded system also helps businesses manage their cash and liquidity more efficiently in multiple currencies. By joining forces, UBS and Ant International aim to cut frictions, lower costs, and set a new standard for real-time international payments.
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