UDPN и Aptos Ascend объединяются для разработки «системы управления стейблкоинами и токенизированными депозитами институционального уровня»
The Universal Digital Payments Network (UDPN) и Aptos Labs have collaborated to develop an institutional-grade stablecoin management and tokenized deposit (TD) system optimized for the Aptos blockchain, providing regulated institutions with a secure platform for issuing and торговля stablecoins and tokenized deposits. This collaboration with the Aptos blockchain follows a global trend as the adoption of stablecoins, tokenized deposits, and CBDCs continues to grow.
Growing demand for stablecoins and CBDC integration
Regulated tokenized forms of currency are essential to unlocking real institutional capital inflows on the chain. Among them, stablecoins play a vital role in global payments and liquidity, with their market value exceeding $160 billion in October 2024. With the rapid development of the digital economy, enterprises, institutions and regulators are seeking ways to integrate stablecoins, tokenized deposits and CBDCs into the financial system in a compliant manner. This has led to a growing demand for secure, scalable and interoperable platforms that can support the growing volume of digital currency transactions.
UDPN and Aptos Labs are addressing these institutional needs by creating a robust infrastructure that facilitates the issuance and management of stablecoins and tokenized deposits, while also supporting interoperability across multiple digital currency systems. This integration provides institutions with an efficient and secure way to participate in global digital currencies while meeting regulatory needs and opening up new opportunities for cross-border transactions and digital finance.
Unleashing efficiency and interoperability
The Aptos blockchain offers good scalability and security, which is beneficial to support UDPNs tokenized deposit/stablecoin management system, which is designed for commercial banks, stablecoin issuers, and payment companies. This enables the platform to handle large-scale transaction volumes without compromising performance or security for retail and wholesale use cases. By integrating the Aptos blockchain, UDPN enhances its interoperability offering, enabling seamless transactions across a variety of stablecoins, tokenized deposits, and CBDC ecosystems. This capability is critical to promoting liquidity and facilitating cross-platform and cross-border transactions, which is critical in todays global economy.
This integration opens new doors for Aptos in the regulated digital finance sector. UDPN’s tokenized deposit/stablecoin management system not only simplifies the complex deployment process, but also provides financial institutions with high operational efficiency. These institutions can now use digital currencies for a variety of scenarios, such as cross-border payments, remittances, and a wider range of digital financial applications.
Alexandre Tang, Head of Institutional, APAC and MENA at Aptos Labs , said: “Many of our institutional partners are increasingly looking to transact in stablecoins denominated in local currencies, but not all institutions have the technical capabilities to build these systems in-house. With this solution, we are providing a one-stop shop for institutions to seamlessly issue and manage tokenized deposits and stablecoins, removing technical barriers and allowing them to focus on growing their business.”
A shared vision for the future of digital payments
The collaboration between UDPN and Aptos Labs highlights a shared commitment to advancing the digital currency ecosystem. By combining UDPN’s expertise in tokenized deposits and stablecoin management with Aptos Lab’s expertise in blockchain technology, the two companies are laying the foundation for a more connected, efficient, and secure digital economy.
As global adoption of stablecoins, tokenized deposits, and CBDCs accelerates, this collaboration provides a forward-looking solution that enables financial institutions to seamlessly integrate regulated digital currencies into their operations. This enables them to take advantage of new opportunities in the evolving digital payments ecosystem.
Universal Digital Payment Network (UDPN)
UDPN is a distributed ledger technology (DLT)-based information backbone that provides interoperability between the rapidly growing stablecoins, tokenized deposits and CBDCs, enabling seamless connectivity between any business IT system and regulated digital currencies. The network was developed by GFT, a global IT engineering and solutions provider, Red Date Technology, a decentralized cloud infrastructure company, and a Tier 1 financial services provider .
The UDPN team launched the UDPN All-in-One Digital Currency Sandbox earlier this year, enabling both commercial banks and central banks to learn about the latest digital currencies and technologies, test built-in use cases, and develop their own new custom use cases. The team also launched two digital currency management systems for commercial use: a tokenized deposit/stablecoin management system and a digital asset tokenization system.
Aptos Ascend
Aptos Ascend is a business unit of Aptos Labs, dedicated to collaborating with ecosystem stakeholders to co-create the future of finance. By leveraging the cutting-edge capabilities of the Aptos Network, Aptos Ascend plays a key role in bringing public blockchain technology to financial institutions, helping to reshape the modern financial landscape in a cost-effective and compliant manner.
The Aptos Network is a L1 blockchain that uses the Move programming language. The Aptos Network is continually evolving and designed to deliver superior performance and enhanced user security. Aptos is the first blockchain to achieve sub-second end-to-end ( E2E) latency, setting a new standard for blockchain performance.
This article is sourced from the internet: UDPN and Aptos Ascend Partner to Develop “Institutional-Grade Stablecoin and Токенized Deposit Management System”
Related: Summary of bullish and bearish views: What is the market sentiment for ETH?
Original author: ElonMoney Original translation: TechFlow What is the market sentiment for ETH? Let’s take a look! Opinions on $ETH have been split lately. Many traders and analysts remain bullish, but some have turned more bearish. I gathered some of the most respected voices on Crypto Twitter (CT) to understand why these opinions have changed. First, we’ll look at the arguments for and against ETH, then dive into what some of the biggest cryptocurrency opinion leaders have to say. Bullish case Ethereum 2.0 Upgrade: The Ethereum 2.0 upgrade, which moves from Proof of Work (PoW) to Proof of Stake (PoS), is the main driver of the bullish sentiment. The upgrade is expected to increase the network’s transaction capacity and attract more users and developers. Growth of DeFi: Ethereum is the…