at the 9th Hong Kong Fintech Week, Ant Group Chairman and CEO Eric Jing stated that tokenization is extremely helpful for cross-border payments. Currently, small and medium-sized enterprises face many pain points in their cross-border business payment experience, such as expensive and time-consuming processes. In the future, tokenization technology can be used to improve the payment process. This peer-to-peer payment method has no intermediaries, is programmable on the chain, and will have a huge impact on global cross-border payments.