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Citi and DBS completed their first tokenized cross-border transfer over the weekend, using Swift’s blockchain-based ledger to circumvent the constraints of traditional banking hours.
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Crypto
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Cointelegraph
Citi and DBS completed their first tokenized cross-border transfer over the weekend, using Swift’s blockchain-based ledger to circumvent the constraints of traditional banking hours.
CoinDesk
The transaction is the second confirmed live use of Swift's blockchain ledger, coming as the network races to prove it can compete with digital payment rails that never close.
The Block
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DBS and Citi completed the first weekend cross-border USD settlement between Singapore and the U.S. using tokenized deposits.