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Finance
DBS and Citi Finalize Weekend USD Transfer Through Swift’s Digital Ledger Using Tokenized Deposits
In a notable development for the financial technology sector, two major banks—DBS Group and Citi—successfully executed a United States dollar payment over the weekend by leveraging Swift’s newly introduced Digital Ledger. This transaction, which utilized tokenized deposits as the underlying medium, represents the second confirmed instance of a live, real‑world use case for Swift’s blockchain‑base…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Execute Weekend USD Transfer Using SWIFT’s Digital Ledger with Tokenized Deposits
In a landmark development for the financial services industry, two major banks—DBS Group and Citi—successfully completed a United States dollar payment over the weekend by leveraging SWIFT’s newly introduced Digital Ledger. The transaction was executed using tokenized deposits, a cutting‑edge method that transforms traditional cash balances into digital tokens that can be moved instantly across a…
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 notable development for the global banking community, DBS Bank and Citibank have successfully completed a United States dollar (USD) payment over the weekend using Swift’s Digital Ledger (SDL). This transaction, which employed tokenized deposits, represents the second confirmed live use of Swift’s blockchain‑based ledger technology. The achievement underscores Swift’s ongoing efforts to posi…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Execute Weekend USD Transfer on Swift’s Digital Ledger Using Tokenized Deposits
In a noteworthy development for the world of cross‑border finance, two major banks—DBS Group and Citibank—successfully completed a United States dollar payment over the weekend using the Society for Worldwide Interbank Financial Telecommunication (SWIFT) Digital Ledger. The transaction was carried out with tokenized deposits, a modern approach that converts traditional fiat balances into digital …
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi finalize weekend USD transfer through Swift’s Digital Ledger employing tokenized deposits
On a recent weekend, two major financial institutions—DBS Group Holdings and Citigroup—successfully completed a United States dollar payment using Swift’s Digital Ledger, a distributed‑ledger technology (DLT) solution that Swift has been developing to modernise cross‑border transactions. This milestone represents the second confirmed live utilisation of Swift’s blockchain‑based ledger, underscori…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Finalize Weekend USD Transfer Through SWIFT’s Digital Ledger Using Tokenized Deposits
In a notable development for the global financial ecosystem, 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 transaction, which employed tokenized deposits as the underlying settlement mechanism, represents the second confirmed live use of the SWIFT blockchain‑based le…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Execute Weekend USD Transfer on Swift’s Digital Ledger Using Tokenized Deposits
In a noteworthy development for the global payments ecosystem, Singapore‑based DBS Bank and New York‑headquartered Citi have successfully completed a United States dollar payment over the weekend using Swift’s Digital Ledger (SDL). The transaction, which relied on tokenized deposits, represents the second confirmed live use of Swift’s blockchain‑based ledger and underscores the growing momentum b…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Finalize Weekend USD Transfer Using Swift’s Digital Ledger and Tokenized Deposits
In a notable development for the global payments ecosystem, Singapore‑based DBS Bank and U.S. financial institution Citi successfully completed a United States dollar (USD) transfer over the weekend using the Society for Worldwide Interbank Financial Telecommunication (Swift)’s Digital Ledger (DL). This transaction, executed through tokenized deposits, represents the second confirmed live use of …
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Finalize Weekend USD Transfer Through Swift’s Digital Ledger Using Tokenized Deposits
In a noteworthy development for the financial technology sector, two major banks—DBS Group and Citi—have successfully completed a United States dollar (USD) payment over the weekend using the Society for Worldwide Interbank Financial Telecommunication (Swift)’s emerging Digital Ledger. This transaction, which employed tokenized deposits as the underlying settlement instrument, represents the seco…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi finalize weekend US‑dollar transfer through SWIFT’s Digital Ledger using tokenized deposits
In a notable development for the global payments ecosystem, two of Asia’s leading financial institutions—DBS Group and Citi—successfully completed a cross‑border United States dollar transaction over the weekend using SWIFT’s newly introduced Digital Ledger technology. This operation, which relied on tokenized deposits as the underlying settlement mechanism, represents the second confirmed live u…
Sept. 7, 2026, 12:05 p.m.