Ant International and the International Swaps and Derivatives Association jointly release a white paper on the application of tokenized deposits in transaction banking

Ant International and the International Swaps and Derivatives Association (ISDA), with the support of the Monetary Authority of Singapore Project Guardian, jointly released the "Application of Tokenized Deposits in Transaction Banking" white paper, promoting the development of tokenized deposits and shared ledgers in the field of cross-border transfer and foreign exchange settlement, and proposing basic principles and standards for tokenized deposit technology. The report points out that practical use cases demonstrate that tokenized deposits and shared ledger technology can enhance the speed, security and efficiency of cross-border transfers.