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DBS and Citi Settle First Weekend Tokenized Deposit in Minutes, Challenging Stablecoins

COINOTAG·September 7, 2026·1 min read
DBS and Citi Settle First Weekend Tokenized Deposit in Minutes, Challenging Stablecoins

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.

Read at COINOTAG
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