Tag · 2 entries
Citi
Every story this desk has filed under Citi, most recent first.
Payments · Tokenized Deposits
DBS and Citi Moved Dollars Between Singapore and New York on a Weekend
The two banks say they completed a cross-border US dollar settlement outside banking hours using tokenized deposits, which is the part of the payments stack that normally goes dark on a Saturday.
Stablecoins · Bank Venture
Twenty-One Banks Agree to Issue One Stablecoin Between Them
Citi, Goldman Sachs, Bank of America and eighteen other institutions are forming a joint venture to launch a dollar stablecoin for payments and settlement, with a euro token named as the next step.