Defi
DBS and Citi Settle First Weekend Tokenized Deposit in Minutes, Challenging Stablecoins
COINOTAG·September 7, 2026·1 min read
DBS and Citi settled the first weekend tokenized cross-border USD deposit in minutes using Swift's blockchain ledger. This transaction challenges stablecoin payment rails by demonstrating faster, blockchain-based settlement. The successful test highlights the potential of tokenized deposits in traditional banking.
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