Citi's 24/7 clearing and tokenized deposit service
Citi's 24/7 clearing and tokenized deposit service
Citi secured its first Asian bank partner for its tokenized deposit tools: Bangkok-based Siam Commercial Bank will use Citi's 24/7 clearing and tokenized deposit service, the first institution to adopt the technology since Citi merged its blockchain and cross-border payment products into a single platform. Interoperability, not individual platforms, is the signal.