Tag
dbs
2 articles
DBS, Citi Execute First Weekend Tokenized USD Transfer on Swift Digital Ledger
Cross-border payment between Singapore and New York settled in minutes, bypassing traditional two-day clearing cycle

Citi, DBS Settle Tokenized USD Payment in Minutes as RWAs Near $40 Billion
The banks used Swift's Digital Ledger to complete a cross-border transfer over a weekend in minutes, cutting traditional two-day settlement times and signaling institutional momentum behind tokenized assets.