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Wire · technology

DBS and Citi Complete Weekend Tokenized Deposit Payment: Can Bank Money Finally Move 24/7?

8 September 2026 · By · Wire by Fusion42

Published

8 September 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

Singapore

◆ Source

Read at mexc.com →

◆ Verified

Fusion42 · 8 September 2026 · Fusion42 review

DBS and Citi completed the first successful weekend USD payment between Singapore and the United States using tokenized deposits through the Swift Digital Ledger, completing the transfer within minutes instead of the usual business days.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You can now offer customers cross-border USD payments any day of the week, cutting settlement times from days to minutes. That payment delay in your product just got disrupted by DBS and Citi's Swift Digital Ledger move.

◆ Coverage

1 source · 8 Sep 2026

◆ Related on Wire

◆ Topics

Fintechtokenized-depositscross-border-paymentsinstant-paymentswift-digital-ledgerbanking-innovation