Markets
CROSS (CROSS) Watch: DBS and Citi Settle Weekend Cross-Border USD Payment in Minutes
COINOTAG·September 7, 2026·1 min read
DBS and Citi completed the first weekend cross-border USD payment using tokenized deposits on Swift's ledger, settling in minutes instead of the usual two business days. The transaction marks a milestone for blockchain-based settlement in traditional banking, demonstrating faster and more efficient cross-border payments.
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