Hong Kong Advances EnsembleTX to 24/7 Settlement and Plans Stablecoin Trials

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The Hong Kong Monetary Authority said on November 2 that EnsembleTX now supports 24/7 settlement in real value and that it has completed trials involving tokenized Exchange Fund Bills. Further trials with regulated stablecoins are planned to examine their integration into settlement operations. These developments allow tokenized assets and funds to correspond with transactions around the clock, subject to the participation of relevant institutions. Subsequent evaluations will focus on settled volumes, failed instructions, reconciliation after outages and the practical availability of liquidity.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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