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HSBC HOLDINGS to Offer Tokenized Deposit Services to Corporate Clients in US/ UAE
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HSBC HOLDINGS (00005.HK) will begin offering tokenized deposit services to corporate clients in the US and the United Arab Emirates (UAE) in 1H26. The tokenized deposit service enables clients to conduct local and cross-border instant fund transfers around the clock, Manish Kohli, Global Head of Payments Solutions at the Group, said. He believed that this system can help large enterprises better manage liquidity. AASTOCKS Financial News Website: www.aastocks.com |
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