Partior conducts PoC with OpenAssets to test tokenized deposit clearing for stablecoins

Partior, a multi-currency tokenized deposit network backed by systemically important banks, has completed a proof of concept with technology provider OpenAssets to streamline stablecoin settlement. The trial focused on integrating Partior’s tokenized deposit infrastructure with OpenAssets’ digital asset layer to facilitate delivery versus payment (DvP) clearing. By utilizing tokenized deposits for stablecoin redemption and clearing, the collaboration aims to bridge the gap between traditional banking rails and digital asset ecosystems. This initiative is particularly significant given OpenAssets' strategic ties to Tether and its advisor Gabor Gurbacs, who also supports the Hadron by Tether platform. The integration highlights a growing institutional push to standardize settlement processes for stablecoins using regulated bank-issued tokens. This development underscores the industry's shift toward interoperability between private bank networks and public-facing stablecoin issuers. Ultimately, the successful execution of this proof of concept demonstrates a viable path for reducing counterparty risk in high-volume digital asset transactions.