CryptoSlate says faster transfers could reduce the cash companies park ahead of payments—and help banks retain balances, foreign-exchange fees and lending business.
DBS says it completed a dollar payment from Singapore to Citi in New York in minutes using tokenized deposits, CryptoSlate reports. The publisher describes a potential benefit for both companies and banks: faster transfers could reduce cash set aside ahead of payments and help banks retain customer balances, foreign-exchange fees and lending business.
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CryptoSlate says faster transfers could reduce the cash companies park ahead of payments—and help banks retain balances, foreign-exchange fees and lending business.
DBS says it completed a dollar payment from Singapore to Citi in New York in minutes using tokenized deposits, CryptoSlate reports. The publisher describes a potential benefit for both companies and banks: faster transfers could reduce cash set aside ahead of payments and help banks retain customer balances, foreign-exchange fees and lending business.
CryptoSlate@CryptoSlateDBS says it completed a dollar payment to Citi in New York from Singapore in minutes using tokenized deposits. Faster transfers could reduce cash companies park ahead of payments—and help banks retain their balances, FX fees and lending business.
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CryptoSlate@CryptoSlateDBS says it completed a dollar payment to Citi in New York from Singapore in minutes using tokenized deposits. Faster transfers could reduce cash companies park ahead of payments—and help banks retain their balances, FX fees and lending business.