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

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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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The Block

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

Cointelegraph

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

Part of story

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

Other sources for this story

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

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

Part of story

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

Other sources for this story

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