This page may contain stale information. Last updated: 2026-09-14
Definition
Application of blockchain or distributed-ledger technology in institutional finance — tokenised deposits, shared orchestration layers, and programmable money — while preserving bank compliance and existing settlement rails.
Key Points
- 2026-09-10: Production milestone — dbs, ocbc, uob live SGD transactions on swift-cooperative ledger (2026-09-14-singapore-banks-swift-ocbc-primary)
- Hybrid model: shared ledger records and nets obligations; final settlement on existing payment systems
- Enables 24/7 cross-border and domestic payments beyond banking hours
- Distinct from retail stablecoin — bank-issued tokenized-deposits with full regulatory compliance
Related
- tokenized-deposits
- swift-cooperative
- singapore-tokenized-deposits
- tradfi-defi-convergence
- digital-assets