DBS and Citi completed a weekend US dollar payment using tokenized deposits on Swift’s blockchain ledger, with final settlement through existing systems.

Standard cross-border settlement can take up to 2 business days due to time zones, weekend closures. Read more at straitstimes.com. Read more at straitstimes.com.

DBS and Citi completed a weekend cross-border USD payment using tokenized deposits, demonstrating always-on institutional payments.