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DBS and Citi complete weekend USD payment via SWIFT's Digital Ledger using tokenized deposits

DBS and Citi used SWIFT's blockchain ledger and tokenized deposits to settle a USD payment over the weekend, marking the second confirmed live use.

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Marcus Webb · Crypto Desk · 9 Sept 2026 · 02:27 · 1 min read
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DBS and Citi complete weekend USD payment via SWIFT's Digital Ledger using tokenized deposits

DBS and Citi completed a weekend USD payment through SWIFT's Digital Ledger, employing tokenized deposits for settlement. This transaction represents the second confirmed live use of SWIFT's blockchain ledger.

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The network is positioning itself to compete with digital payment rails that operate continuously. Further verified details were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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