Tokenised bank deposits are moving into live transactions in the UAE.
FAB has completed live USD transactions with Citi using tokenised deposits and Swift’s blockchain-based Ledger, supporting 24/7 cross-border payments.
Unlike stablecoins, tokenised deposits represent money held at a commercial bank and remain on the bank’s balance sheet.
Explore the DMCC Crypto Centre and the UAE’s digital asset ecosystem: dmcc.tech/4kuX1iY
FAB has completed live USD transactions with Citi using tokenised deposits and Swift’s blockchain-based Ledger, supporting 24/7 cross-border payments.
Unlike stablecoins, tokenised deposits represent money held at a commercial bank and remain on the bank’s balance sheet.
Explore the DMCC Crypto Centre and the UAE’s digital asset ecosystem: dmcc.tech/4kuX1iY