DBS, Citi complete maiden USD payment between Singapore, US via tokenised deposits

8th September, 2026

Aravind Bulusu
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The two multinational banking groups said companies transacting in USD across different jurisdictions and time zones can now execute cross-border payments without the constraint of traditional banking hours.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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