Citi expands blockchain-based token service to Japan for 24/7 U.S. dollar transfers

Citi said it has extended its blockchain-based token service to Japan, where it will offer round-the-clock U.S. dollar transfers for institutional clients. The move adds Japan to the bank’s tokenized payments footprint and centers on continuous settlement availability rather than standard banking-hour processing. The announcement comes at a time when Japanese banks and companies are also building stablecoins for some of the same payment uses, according to Crypto.news as cited in the Techub News digest. That timing places Citi’s service expansion alongside a broader push in Japan to use blockchain-based payment rails for institutional money movement. No additional rollout details, transaction figures, or customer names were disclosed in the source digest. The report identifies the service as blockchain-based and token-related, and frames the Japan launch around 24/7 dollar transfer access for institutions.