Citi plans tokenized-deposit transfers for Japanese firms by year-end 2026, CoinDesk reports
CoinDesk says the service will enable instant, 24/7 cross-border payments across five countries, making Citi the first foreign bank to offer it in Japan.
TLDR
CoinDesk reports that Citi plans to launch international transfers based on tokenized deposits for Japanese companies by the end of 2026. According to CoinDesk, the service will support instant payments around the clock across five countries, and Citi will be the first foreign bank to offer such a service in Japan.
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