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Deutsche Bank has reached a cooperation with Ant International to launch tokenization deposit and stablecoin solutions.
According to Huigang Information, Deutsche Bank and Ant International have officially reached a strategic cooperation today to jointly develop innovative cross-border payment solutions for Eurasian enterprises.
Highlights of the collaboration include the launch of tokenized deposit products, stablecoin solutions, and forex models based on time-series transformer (TST) AI technology. Deutsche Bank will be the first German financial institution to access Ant International’s blockchain platform to enable real-time fund transfer.
This cooperation will also deepen collaboration with Ant Group’s payment service providers to jointly expand business in the European, Middle Eastern, and African markets, enhancing global treasury management efficiency.