Uber tests 24/7 onchain treasury settlement with HSBC and Franklin Templeton

Uber completed a pilot for round-the-clock onchain liquidity and settlement on Canton Network with HSBC, Franklin Templeton, Tradeweb and Fireblocks. The company used tokenized bank deposits to purchase tokenized money-market fund shares and redeemed part of its holdings over a weekend, allowing its treasury to keep earning yield until cash was needed for payments.