OCBC launches $1 billion blockchain-powered US commercial paper programme

JARA CARBALLO
Tue, 26 Aug 2025 03:55:18 +0000
Business, blockchain technology, OCBC, tokenisation

SINGAPORE: The city-state’s second-largest bank, Oversea-Chinese Banking Corporation (OCBC), announced a new US$1 billion (S$1.28 billion) digital US commercial paper programme. According to a recent AOL report, this indicates an important move in its digital bankrolling policy that taps into the US$1.4 trillion US commercial paper market. In a calculated initiative to reinforce its dollar …