DBS, Citi Complete First Weekend Tokenized Cross-Border Deposit on Swift

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DBS and Citi complete first weekend cross-border USD payment using tokenized deposits

DBS Bank and Citibank executed the first weekend USD payment between Singapore and the US using tokenized deposits via Swift's Digital Ledger, demonstrating 24/7 settlement capabilities for traditional banking infrastructure.

Sep 7, 20263 sourcesInstitutional crypto adoption Payments Blockchain interoperability Real World Assets Tokenization Global trade

DBS and Citi complete first weekend cross-border USD payment using tokenized deposits

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DBS and Citi execute first weekend cross-border payment on Swift ledger

The Block

DBS, Citi Complete First Weekend Tokenized Cross-Border Deposit on Swift

Part of story

DBS and Citi complete first weekend cross-border USD payment using tokenized deposits

Other sources for this story

DBS and Citi execute first weekend cross-border payment on Swift ledger

DBS, Citi say they completed first weekend USD payment between Singapore and US via tokenized deposits

DBS, Citi Complete First Weekend Tokenized Cross-Border Deposit on Swift

Part of story

DBS and Citi complete first weekend cross-border USD payment using tokenized deposits

Other sources for this story

DBS and Citi execute first weekend cross-border payment on Swift ledger

DBS, Citi say they completed first weekend USD payment between Singapore and US via tokenized deposits