{"id":50740,"date":"2026-09-08T14:57:15","date_gmt":"2026-09-08T14:57:15","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=50740"},"modified":"2026-09-08T14:57:15","modified_gmt":"2026-09-08T14:57:15","slug":"dbs-and-citi-execute-first-weekend-tokenized-usd-cross-border-payment-on-swift-ledger","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=50740","title":{"rendered":"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger"},"content":{"rendered":"

\"\"<\/p>\n

Two major banks executed their first successful tokenized cross-border USD payment over a weekend, enabling instant settlement and unlocking 24\/7 liquidity movement for global businesses.<\/p>\n

DBS says<\/a> the transaction with Citi\u2019s New York office moved funds from Singapore to the United States and settled in minutes on September 5th, using tokenized deposits on the Swift Digital Ledger.<\/p>\n

The capability removes constraints from time zones and weekends, giving corporate treasurers faster access to cash and greater agility in managing liquidity and foreign exchange risk.<\/p>\n

DBS is the only Asian-headquartered bank in the Swift digital ledger core design group of 12 banks shaping the system\u2019s architecture.<\/p>\n

The transaction builds on DBS Token Services, launched in 2024, which includes DBS Treasury Tokens for programmable 24\/7 value transfers on its permissioned blockchain.<\/p>\n

Says Rachel Chew, DBS\u2019s co-head of digital assets for its Global Transaction Services,<\/p>\n

\u201cWe are pleased to be working with Citi to demonstrate how tokenized money is moving from experimentation to real-world adoption \u2013 laying the foundations for a more connected, nimble and always-on global financial system.\u201d<\/em><\/p>\n

Mridula Iyer, head of services for Asia South at Citi, emphasizes the need for \u201calways-on\u201d payments.<\/p>\n

\u201cProcessing a live transaction over a weekend demonstrates that always-on cross-border payments are already a reality. This work is a natural extension of our strategy in the services business to integrate our traditional cash management and securities capabilities with emerging tokenized networks and assets and deliver value to institutional clients across their local and global operating models.\u201d<\/em><\/p>\n

Asia\u2019s outbound cross-border payments are projected to reach $24 trillion by 2033, nearly double the 2025 volume of $13.5 trillion, according to DBS data.<\/p>\n

Fifty percent of finance leaders are exploring blockchain-powered tools for liquidity and foreign exchange management.<\/p>\n

Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>
\n
\nDon’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
\n<\/p>\n

\n
<\/div>\n

&nbsp<\/p>\n

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Generated Image: Midjourney<\/em><\/span><\/p>\n

The post DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Two major banks executed their first successful tokenized cross-border USD payment over a weekend, enabling instant settlement and unlocking 24\/7 liquidity movement for global businesses. DBS says the transaction with Citi\u2019s New York office moved funds from Singapore to the United States and settled in minutes on September 5th, using tokenized deposits on the Swift […]<\/p>\n","protected":false},"author":1,"featured_media":50741,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-50740","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\nDBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=50740\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Two major banks executed their first successful tokenized cross-border USD payment over a weekend, enabling instant settlement and unlocking 24\/7 liquidity movement for global businesses. DBS says the transaction with Citi\u2019s New York office moved funds from Singapore to the United States and settled in minutes on September 5th, using tokenized deposits on the Swift […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=50740\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-08T14:57:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/07\/tokenized-money-market.jpg?resize=1024,600\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger\",\"datePublished\":\"2026-09-08T14:57:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740\"},\"wordCount\":426,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/tokenized-money-market-Xlf02u.webp\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740\",\"name\":\"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger - Cryptomag\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/tokenized-money-market-Xlf02u.webp\",\"datePublished\":\"2026-09-08T14:57:15+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptomag.finance\\\/?p=50740\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740#primaryimage\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/tokenized-money-market-Xlf02u.webp\",\"contentUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/tokenized-money-market-Xlf02u.webp\",\"width\":1024,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50740#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptomag.finance\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/\",\"name\":\"Cryptomag\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptomag.finance\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\",\"name\":\"Crypto Magazine\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"caption\":\"Crypto Magazine\"},\"sameAs\":[\"https:\\\/\\\/cryptomag.finance\",\"https:\\\/\\\/x.com\\\/cryptomagz\"],\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger - Cryptomag","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptomag.finance\/?p=50740","og_locale":"en_US","og_type":"article","og_title":"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger - Cryptomag","og_description":"Two major banks executed their first successful tokenized cross-border USD payment over a weekend, enabling instant settlement and unlocking 24\/7 liquidity movement for global businesses. DBS says the transaction with Citi\u2019s New York office moved funds from Singapore to the United States and settled in minutes on September 5th, using tokenized deposits on the Swift […]","og_url":"https:\/\/cryptomag.finance\/?p=50740","og_site_name":"Cryptomag","article_published_time":"2026-09-08T14:57:15+00:00","og_image":[{"url":"https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/07\/tokenized-money-market.jpg?resize=1024,600","type":"","width":"","height":""}],"author":"Crypto Magazine","twitter_card":"summary_large_image","twitter_creator":"@cryptomagz","twitter_site":"@cryptomagz","twitter_misc":{"Written by":"Crypto Magazine","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptomag.finance\/?p=50740#article","isPartOf":{"@id":"https:\/\/cryptomag.finance\/?p=50740"},"author":{"name":"Crypto Magazine","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"headline":"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger","datePublished":"2026-09-08T14:57:15+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=50740"},"wordCount":426,"image":{"@id":"https:\/\/cryptomag.finance\/?p=50740#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/tokenized-money-market-Xlf02u.webp","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cryptomag.finance\/?p=50740","url":"https:\/\/cryptomag.finance\/?p=50740","name":"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger - Cryptomag","isPartOf":{"@id":"https:\/\/cryptomag.finance\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=50740#primaryimage"},"image":{"@id":"https:\/\/cryptomag.finance\/?p=50740#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/tokenized-money-market-Xlf02u.webp","datePublished":"2026-09-08T14:57:15+00:00","author":{"@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"breadcrumb":{"@id":"https:\/\/cryptomag.finance\/?p=50740#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptomag.finance\/?p=50740"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptomag.finance\/?p=50740#primaryimage","url":"https:\/\/cryptomag.finance\/wp-content\/uploads\/tokenized-money-market-Xlf02u.webp","contentUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/tokenized-money-market-Xlf02u.webp","width":1024,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/cryptomag.finance\/?p=50740#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptomag.finance\/"},{"@type":"ListItem","position":2,"name":"DBS and Citi Execute First Weekend Tokenized USD Cross-Border Payment on Swift Ledger"}]},{"@type":"WebSite","@id":"https:\/\/cryptomag.finance\/#website","url":"https:\/\/cryptomag.finance\/","name":"Cryptomag","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptomag.finance\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040","name":"Crypto Magazine","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","caption":"Crypto Magazine"},"sameAs":["https:\/\/cryptomag.finance","https:\/\/x.com\/cryptomagz"],"url":"https:\/\/cryptomag.finance\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/50740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50740"}],"version-history":[{"count":0,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/50740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/media\/50741"}],"wp:attachment":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}