2025-09-28
‘Ant International built blockchain infrastructure directly linked to banks (ex HSBC & Standard Chartered). Tracks all transactions btwn Ant & banks,uses digital tokens to validate legitimacy of transactions—a very elaborate form of an IOU. Process ~30 seconds,then money paid to merchant in local $’
Bloomberg
A profile of Ant International, Ant Group's cross-border payments unit using AI and blockchain for treasury management, which handled $1.1T in cash flow in 2024
a very elaborate form of an IOU. Process ~30 seconds,then money paid to merchant in local $’