UDPN officially launched its first production system, including stablecoins and asset tokenization solutions. These systems were developed by Hong Kong-based Hongri Technology in collaboration with German consultancy GFT to support interoperability among multiple banks. UDPN is able to connect tokenized deposits, central bank digital currencies and stablecoins from multiple banks, and uses a Swift-like messaging mechanism to ensure seamless system connectivity. Previously, UDPN conducted several...