According to online reports, Ant International and the International Swaps and Derivatives Association (ISDA), with the support of Project Guardian of the Monetary Authority of Singapore, jointly released the white paper "Application of Tokenized Deposits in Transaction Banking" to promote the development of tokenized Deposits and shared ledgers in the fields of cross-border payments and foreign exchange settlement, and propose the basic principles and standards for tokenized deposit technology. The report points out that practical use cases have proven that tokenized deposits and shared ledger technology can improve the speed, security and efficiency of cross-border payments.