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Finance
DBS and Citi finalize weekend USD transfer through Swift’s Digital Ledger employing tokenized deposits
In a landmark development for cross‑border finance, Singapore‑based DBS Bank and New York‑headquartered Citi successfully completed a United States dollar payment over the weekend using the Swift network’s Digital Ledger Technology (DLT) platform. This transaction, which relied on tokenized deposits as the underlying settlement instrument, represents the second confirmed live use of Swift’s block…
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 world of cross‑border finance, two major banks—DBS Group and Citi—have successfully completed a United States dollar payment over the weekend using Swift’s Digital Ledger (SDL). This transaction, which employed tokenized deposits as the underlying mechanism, represents the second confirmed live use of Swift’s blockchain‑based ledger technology. The achievement und…
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 notable development for the world of cross‑border finance, two of Asia’s leading banks—DBS Bank and Citi—successfully completed a United States dollar payment over the weekend using Swift’s Digital Ledger (SDL). This milestone represents the second confirmed live use of Swift’s blockchain‑enabled ledger, underscoring the growing momentum behind distributed‑ledger technology (DLT) as a viable…
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 banking institutions—DBS Bank and Citi—have successfully concluded a United States dollar payment over the weekend using Swift’s newly introduced Digital Ledger. This transaction was executed by means of tokenized deposits, a method that converts traditional fiat currency into a digital token representation on a blockchain…
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 landmark development for cross‑border finance, Singapore’s DBS Bank and New York‑based Citi have successfully completed a United States dollar payment over the weekend using the Society for Worldwide Interbank Financial Telecommunication’s (Swift) Digital Ledger (DL). This operation, which leveraged tokenized deposits as the settlement instrument, represents the second confirmed live use of …
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 notable development for the world of cross‑border finance, two of Asia’s most prominent banking institutions—DBS Group and Citi—successfully completed a United States‑dollar payment over the weekend using the Swift network’s newly introduced Digital Ledger. The transaction, which leveraged tokenized deposits as the underlying settlement mechanism, represents the second confirmed live use cas…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi finalize weekend USD transfer through SWIFT’s Digital Ledger employing tokenized deposits
In a noteworthy development for the global payments ecosystem, two major financial institutions—DBS Group and Citigroup—successfully completed a United States dollar settlement over the weekend using SWIFT’s newly introduced Digital Ledger (DL) technology. This transaction represents the second confirmed live use of SWIFT’s blockchain‑style ledger, underscoring the network’s ambition to provide a…
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 landmark development for cross‑border finance, two of Asia’s leading banks—DBS Bank and Citi—successfully completed a United States dollar payment over the weekend using Swift’s Digital Ledger, a blockchain‑style platform that records transactions in a distributed, immutable ledger. The payment, which was settled using tokenized deposits, represents the second confirmed live use case of Swif…
Sept. 7, 2026, 12:05 p.m.
Finance
DBS and Citi Successfully Execute Weekend USD Transfer Using Swift’s Digital Ledger and Tokenized Deposits
In a notable development for the world of cross‑border finance, two major banks—DBS Group and Citi—have successfully completed a United States dollar payment over the weekend using Swift’s Digital Ledger (DL). The transaction, which leveraged tokenized deposits, represents the second confirmed live use of Swift’s blockchain‑based ledger technology and underscores the growing momentum behind distr…
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 world of cross‑border finance, two major banking institutions—DBS Bank and Citi—have successfully completed a United States dollar payment over the weekend using Swift’s Digital Ledger (SDL). This transaction represents the second confirmed live utilization of Swift’s blockchain‑based ledger, underscoring the growing momentum behind distributed‑ledger technolog…
Sept. 7, 2026, 12:05 p.m.