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 of Asia’s leading banks, DBS Group and Citi, successfully completed a United States dollar (USD) payment over the weekend using Swift’s newly introduced Digital Ledger. This transaction, which leveraged tokenized deposits, represents the second confirmed live utilization of Swift’s blockchain‑based ledger system, underscoring the g…
Sept. 7, 2026, 12:05 p.m.