DBS and Citi Execute Weekend USD Transfer on SWIFT’s Digital Ledger Using Tokenised Deposits
In a landmark development for the financial services industry, two of Asia’s leading banks, DBS Group Holdings and Citigroup, have successfully completed a United States dollar (USD) payment over the weekend using SWIFT’s newly introduced Digital Ledger. This transaction, which utilized tokenised deposits, represents the second confirmed live use of SWIFT’s blockchain‑based ledger technology and …
Sept. 7, 2026, 12:05 p.m.