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Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement

Fintech News

Standard Chartered and Ant International have successfully completed their first Singapore dollar (SGD) transaction using the latter’s blockchain-based Whale platform. By integrating with the Whale platform, Standard Chartered facilitated the seamless transfer of SGD liquidity within Ant International’s group of entities.

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UBS Successfully Pilots Blockchain-based Payment Solution for Cross-Border Transactions

The Fintech Times

Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based payment solution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients. UBS Digital Cash looks to facilitate timely payment processing to combat this.

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ADGM and Chainlink Sign MoU to Improve Utility of Tokenised Assets While Remaining Compliant

The Fintech Times

Under the MoU, ADGM and Chainlink will foster a dialogue on regulatory matters in blockchain, AI, and other emerging technologies. Chainlinks services, including blockchain interoperability and verifiable data solutions, are facilitating liquidity across global markets, enabling over $19trillion in transaction value.

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Algorand Foundation and Paycode Announce Partnership to Expand Financial Inclusion on Blockchain

Fintech Finance

Through this collaboration, Paycode and Algorand will explore integrating public blockchain technology to strengthen digital identity systems, improve transparency, and unlock new models for delivering secure, inclusive payments at scale. “Paycode is already reaching some of the most difficult places to serve. .

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Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments

The Fintech Times

Blockchain-enabled cross-border payments StraitsX , a payments infrastructure provider for the digital assets space in Southeast Asia, has officially gone live in partnership with Ant International and Grab. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”

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Fiserv Launches Stablecoin for Banks

Finovate

The Wisconsin-based company is embedding the blockchain-based payments tool directly into its global financial infrastructure by the end of the year. The new stablecoin will be made available at no additional cost to clients, giving them access to a new, interoperable digital asset service to integrate into their banking and payment flows.

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Sustainable payments: Innovating for our financial ecosystem

The Payments Association

We will also examine the growing influence of sustainable payments on consumer behaviour and their role in facilitating greener e-commerce. DeFi and sustainable blockchain: Decentralised finance presents an opportunity to combine transparency with sustainability.