Ant International, HSBC, and Swift have completed a Proof of Concept (POC) demonstrating the cross-border transfer of tokenised deposits using ISO 20022 standardsAnt International, HSBC, and Swift have completed a Proof of Concept (POC) demonstrating the cross-border transfer of tokenised deposits using ISO 20022 standards

Ant International, HSBC and Swift Complete POC for Cross-Border Tokenised Deposits

2025/12/12 16:15

Ant International, HSBC, and Swift have completed a Proof of Concept (POC) demonstrating the cross-border transfer of tokenised deposits using ISO 20022 standards.

The initiative connects Swift’s global messaging network with HSBC’s Tokenised Deposit Service and Ant International’s blockchain infrastructure.

The POC represents a step forward in testing how tokenisation can support liquidity management, programmable finance, and round-the-clock settlement.

As part of the trial, Ant International and HSBC linked Ant International’s proprietary blockchain system with Swift’s network.

This enabled real-time treasury movements between HSBC Singapore and HSBC Hong Kong via the Tokenised Deposit Service.

A common protocol was developed jointly with Swift and HSBC.

It streamlines connectivity by reducing the need for separate bilateral arrangements between Ant International and individual banks.

The integration combines the transparency and programmability of tokenised money with established payments infrastructure.

Using Swift’s network adds an additional layer of security and compliance to Ant International’s blockchain-based approach.

Supported by ISO 20022, the system extends HSBC’s anti-money laundering processes, fraud controls, and existing infrastructure into its tokenised deposit offering.

According to the parties, this may help digital money providers adopt ISO 20022 and the Swift framework more easily, facilitating interoperability between tokenised and traditional fiat money.

Shirish Wadivkar, Global Head of Payments and Cash Management at Swift, said:

Shirish WadivkarShirish Wadivkar

Lewis Sun, Global Head of Domestic Payments and Emerging Payments, HSBC said,

Lewis SunLewis Sun

The organisations plan to continue exploring pilots and commercial use cases.

Featured image credit: Edited by Fintech News Hong Kong, based on image by freepik and fullvector via Freepik

This article first appeared on Fintech News Singapore

The post Ant International, HSBC and Swift Complete POC for Cross-Border Tokenised Deposits appeared first on Fintech Hong Kong.

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Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
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