Citi, DBS complete first weekend tokenized cross-border deposit on Swift
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.
Archive context
Fresh in the current trading session. It maps to an active market topic.
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.
Why this matters
This maps to the Tokenization hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
DBS and Citi complete first weekend cross-border USD payment using tokenized deposits on Swift’s blockchain ledger
The successful use of tokenized deposits for cross-border payments could revolutionize global banking by enabling real-time transa...
Robinhood Rejects AMC’s Token Demand in $2.9B Tokenized Stock Showdown
Key Takeaways: Robinhood rejected AMC CEO Adam Aron’s demand to stop trading AMC-linked stock tokens. The tokens can offer stock e...
USDT0 on Stellar deposits and withdrawals now available!
Funding We’re pleased to announce that Kraken now supports deposits and withdrawals of USDT0 on the Stellar network. Clients can n...
South Korea Targets 2027 Tokenized Securities Launch with Stablecoin Settlement Vision
Key Takeaways: South Korea’s FSC presented a three-step plan to take stocks, bonds, and funds to blockchain infrastructure. New le...
Dubai VARA, Securitize Sign MoU to Push $5B Tokenization Drive Into Institutional Era
Key Takeaways: Dubai’s VARA and Securitize signed an MoU to support the tokenisation process and digital asset infrastructure in a...
Ripple CEO Says BIS Testing With XRP Ledger Is No Surprise to Him
Ripple CEO Brad Garlinghouse said a BIS research team’s decision to test the XRP Ledger was unsurprising, citing its fees, speed,...