DBS Bank

2 months agoNews Editor

DBS and Citi partner on tokenized-deposit cross-border dollar payments

DBS Bank and Citibank have entered into a partnership aimed at enabling instant, 24/7 cross-border U.S. dollar payments, according to a Cointelegraph report cited by ChainCatcher. The arrangement uses Swift’s blockchain-based ledger and relies on tokenized deposits to carry out the transfers. The update appeared in ChainCatcher’s 7x24 news feed and did not include additional operational details beyond the core structure of the collaboration. The reported setup centers on using tokenized bank deposits rather than a separate public crypto asset, with the stated goal of making cross-border dollar settlement available on a real-time, around-the-clock basis.

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DBS Bank

3 months agoNews Editor

DBS and Stripe team up on AI and cross-border payment services in Asia

DBS Bank has entered into a partnership with payments platform Stripe to jointly develop artificial intelligence and cross-border payment solutions in Asia, according to Techub News, citing Tech in Asia. The tie-up centers on payment efficiency and regional expansion, with both companies working on services aimed at the Asian market. DBS CEO said the bank expects AI technology to generate more than $768 million in additional revenue by 2025. Beyond product development, DBS will also help Stripe manage liquidity and cash positions across its corporate entities. The arrangement adds an operational banking layer to the partnership while linking it to Stripe’s broader payments business in the region.

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tokenized gold

4 months agoNews Editor 01

DBS to Launch Tokenized Gold for Retail Investors in H2 2026, Backed by Physical Bars in Vault

DBS Bank will offer tokenized gold to retail customers in H2 2026, with each token representing 1 gram of physical gold stored in its Singapore vault, slashing investment minimums.

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