UBS has launched a blockchain-based payment solution for corporates and institutional clients, enabling instant cross-border fund transfers and enhancing transaction transparency. The system, tested with clients like Autoneum, offers round-the-clock payments and programmable conditions, improving liquidity management and reducing credit charges. UBS's commitment to blockchain is further demonstrated through its participation in initiatives exploring wholesale central bank digital currencies and tokenized deposits, positioning the bank at the forefront of financial innovation.
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