DBS and Citi Finalize Weekend USD Transfer Through SWIFT’s Digital Ledger Using Tokenized Deposits
In a notable development for the global payments ecosystem, Singapore’s DBS Bank and U.S.-based Citi have successfully completed a weekend United States dollar (USD) transfer using SWIFT’s Digital Ledger (DL) platform, employing tokenized deposits as the underlying settlement mechanism. This transaction, executed on a Saturday, represents the second confirmed live use of SWIFT’s blockchain‑based …
Sept. 7, 2026, 12:05 p.m.