Bei Jing Shang Bao·2025-12-11 15:26Core Insights - The collaboration between Swift, Ant International, and HSBC has successfully completed a proof of concept (POC) for tokenized deposit cross-border transfers based on the ISO 20022 standard [1] - This project aims to enhance liquidity, enable programmable finance, and provide 24/7 real-time settlement services [1] - Ant International and HSBC have integrated Ant International's blockchain infrastructure with the Swift network, facilitating cross-border real-time fund management [1] Group 1 - The POC marks a significant step in unlocking the potential of tokenized deposits for enterprises [1] - The standardized protocol developed in collaboration with Swift and HSBC allows Ant International to efficiently utilize bank tokenized deposit services without establishing bilateral AML and compliance arrangements with each banking partner [1]