SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

DBS and Citi complete first weekend tokenized cross-border deposit via Swift

DBS and Citi completed the first weekend tokenized cross-border payment between Singapore and the US on Saturday, using tokenized deposits via the Swift Digital Ledger.

CD05

Singapore-based financial services group DBS and American financial services giant Citi completed the first weekend tokenized cross-border payment between Singapore and the US on Saturday. The transaction used tokenized deposits via the Swift Digital Ledger to bypass the…