Exclusive: Ant International on stablecoins, blockchain-based treasury management

Kelvin Li, general manager of platform tech at Ant International, discussed with CT the fintech’s digital assets strategy to support large-volume, intragroup, cross-border fund moves.
Exclusive: Ant International on stablecoins, blockchain-based treasury management

On July 18, Singapore-headquartered Ant International and Citi announced a partnership, using the fintech’s artificial intelligence (AI)-based foreign exchange (FX) model to enhance FX risk management of an airline corporate, reducing hedging costs by 30% through cash flow and FX exposure forecasting.

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