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Finance
DBS and Citi finalize weekend USD transfer through Swift’s Digital Ledger employing tokenized deposits
On a recent weekend, two major financial institutions—Singapore’s DBS Bank and the United States‑based Citi—successfully executed a United States dollar payment using Swift’s Digital Ledger, a distributed‑ledger technology (DLT) platform that Swift has been developing to modernise cross‑border settlement. The transaction was carried out with tokenised deposits, a method that converts traditional …
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Finalize Weekend US Dollar Transfer Using SWIFT’s Digital Ledger with Tokenized Deposits
In a notable development for the global banking community, two major financial institutions—DBS Bank and Citi—have successfully completed a United States dollar payment over the weekend using SWIFT’s newly introduced Digital Ledger. This transaction, which leveraged tokenized deposits as the underlying settlement mechanism, represents the second confirmed live use of SWIFT’s blockchain‑based ledg…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Finalize Weekend USD Transfer Using Swift’s Digital Ledger with Tokenized Deposits
In a noteworthy development for the world of cross‑border finance, two major banking institutions—DBS Bank and Citibank—successfully completed a United States dollar payment over the weekend using the Swift Digital Ledger (SDL). This transaction, which relied on tokenized deposits, represents the second confirmed live use of Swift’s blockchain‑based ledger technology. The achievement underscores …
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Execute Weekend USD Transfer Through SWIFT’s Digital Ledger Leveraging Tokenized Deposits
In a noteworthy development for the global payments ecosystem, two major financial institutions—DBS Bank and Citi—successfully completed a United States dollar (USD) payment over the weekend using SWIFT’s Digital Ledger (DL). The transaction was executed by employing tokenized deposits, a cutting‑edge method that converts traditional fiat balances into digital tokens that can be moved instantly a…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Execute Weekend USD Transfer on Swift’s Digital Ledger with Tokenized Deposits
In a notable development for the global banking sector, two major financial institutions—DBS Bank and Citi—have successfully completed a United States dollar payment over the weekend using Swift’s newly introduced Digital Ledger. This transaction, which employed tokenized deposits as the underlying settlement mechanism, represents the second confirmed live use of Swift’s blockchain‑based ledger t…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Execute Weekend USD Transfer via Swift’s Digital Ledger Using Tokenized Deposits
In a noteworthy development for the world of cross‑border finance, two major banking institutions—DBS Bank and Citi—successfully completed a United States dollar (USD) payment over the weekend using Swift’s newly introduced Digital Ledger. This achievement is particularly significant because it represents the second confirmed live use of Swift’s blockchain‑based ledger technology, underscoring th…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Execute Weekend USD Transfer via Swift’s Digital Ledger Leveraging Tokenized Deposits
In a noteworthy development for the global financial infrastructure, two major banks—DBS Group and Citi—successfully completed a United States dollar (USD) payment over a weekend using the Society for Worldwide Interbank Financial Telecommunication’s (Swift) newly introduced Digital Ledger. The transaction, which utilized tokenized deposits as the underlying settlement instrument, represents the …
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Execute Weekend USD Transfer on Swift’s Digital Ledger Through Tokenized Deposits
In a notable development for the financial technology sector, two major banks—DBS Group and Citigroup—successfully completed a United States dollar payment over the weekend using Swift’s newly introduced Digital Ledger. This achievement represents the second confirmed live utilization of Swift’s blockchain‑based ledger system, underscoring the growing momentum behind distributed‑ledger technology…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Finalize Weekend USD Transfer Through Swift’s Digital Ledger Leveraging Tokenized Deposits
In a notable development for the financial technology sector, two major banks—DBS Group and Citibank—successfully completed a United States dollar payment over the weekend using Swift’s newly introduced Digital Ledger. This transaction, which employed tokenized deposits as the underlying medium, represents the second confirmed live instance of Swift’s blockchain-inspired ledger being utilized for…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Execute Weekend USD Transfer Using Swift’s Digital Ledger and Tokenized Deposits
In a landmark development for cross‑border finance, two of Asia’s leading banks—DBS Group and Citigroup—successfully completed a United States dollar payment over the weekend using the Society for Worldwide Interbank Financial Telecommunication’s (Swift) newly launched Digital Ledger. This transaction, which employed tokenized deposits as the underlying settlement mechanism, represents the second…
Sept. 7, 2026, 12:05 p.m.