Browsing: DigitalAssets

DBS and Citi have demonstrated the potential for 24/7 cross-border USD payments by completing a weekend transaction between Singapore and the U.S. using tokenised deposits on the Swift Digital Ledger. Settled within minutes instead of up to two business days, the transaction highlights how tokenised money on established banking infrastructure could improve liquidity management, reduce time-zone and weekend delays, and give corporate treasurers faster access to funds across markets.