From Hawala to Swift: Inside the Millennium-Long Quest to Securely Transfer Money
Finance has spent a thousand years trying to move wealth virtually. But every time innovators engineer a faster, more secure way to transfer capital, malicious…
Cross-Border Payments
Central Banks of Singapore, Malaysia, and Thailand Expand Stablecoin Project with Ripple, Visa, and Mastercard
The monetary authorities of Thailand and Malaysia are now partnering with Singapore’s BLOOM (Borderless, Liquid, Open, Online, Multi-currency) project to collaborate on cross-border transactions utilizing…
DBS and Citi Finish Weekend USD Transfer via Swift Digital Ledger Using Tokenized Deposits
DBS (D05) and Citi (C) successfully processed their inaugural cross-border U.S. dollar transaction over the weekend utilizing tokenized deposits on Swift’s Digital Ledger, the financial…
DBS and Citi Execute Initial Weekend USD Transfer Across Singapore and U.S. Using Tokenized Deposits
On Monday, DBS and Citi announced the successful execution of the inaugural weekend U.S. dollar transaction linking Singapore and the United States through tokenized deposits…