HKMA confirms EnsembleTX 24/7 settlement and stablecoin trial plans

Community Trust Score Verified 97 % Real Verified 32 votes Updated 6 minutes ago The Hong Kong Monetary Authority announced on November 2 that its EnsembleTX platform now supports 24/7 real-value settlement. The update also reported the completion of trials for tokenized Exchange Fund Bills and outlined plans for further trials involving regulated stablecoins. While tokenized assets can be transferred on networks that operate without interruption, the payment required to purchase them often relies on banking services with limited operating hours.

Source: The Currency Analytics