UBS and Ant International Unite on Blockchain Tokenized Deposits to Transform Cross‑Border Payments
On Tuesday, November 18, 2025, the financial world is still digesting one of the most significant bank–fintech tie‑ups of the year: Swiss banking giant UBS and Ant International, the global payments arm of Ant Group, have signed a strategic partnership to bring blockchain-based, tokenized deposits into the heart of cross‑border payments and treasury operations. Business Wire+1 The agreement centers on Ant International adopting UBS Digital Cash — the bank’s blockchain-powered tokenized deposit platform — and linking it with Ant’s own treasury infrastructure to enable real-time, multi‑currency fund flows across borders. Business Wire+1 What UBS and Ant International Have Announced Under