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Fintech News Hong Kong· Fintech News Hong Kong·· 2 hours agoAI score48

SOOHO.IO and Suhyup Bank test foreign exchange remittances using tokenized deposits on Partior

SOOHOO.IO, Suhyup Bank Test Tokenised Deposit FX Remittances on Partior

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SOOHO.IO and Suhyup Bank are testing foreign exchange remittances using tokenized deposits through Partior’s multi-currency settlement network as part of Project Namsan Phase 2. The project is currently a proof of concept, not a production service. The Partior network supports real-time transactions in USD, EUR and SGD. The test will cover the process from payment initiation through final settlement; the network does not currently support KRW.

Source:Fintech News Hong Kong · fintechnews.hk