Mashreq and Citi Test 24/7 Cross-Border Payments on Swift’s Ledger
Mashreq has completed a live transaction with Citi on Swift‘s blockchain ledger. It used bank-issued tokenised deposits as part of a Swift initiative to explore faster cross-border payments. By linking these deposits with Swift’s messaging network, the collaboration aims to reduce friction in international payments. The bank added that it could also improve speed, liquidity [...] The post Mashreq and Citi Test 24/7 Cross-Border Payments on Swift’s Ledger appeared first on Fintech News UAE .
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- 2026-10-01 06:07 UTC
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- 2026-10-01 06:09 UTC
What happened
- Mashreq and Citi Test 24/7 Cross-Border Payments on Swift’s Ledger
Why it matters for stablecoins
Reviewed Fintech News Middle East reporting on Payments and Tokenisation matters for Cross-border payments and Stablecoin payments readers.
Timeline
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Fintech News Middle East reported the item at 2026-10-01T03:18:33.000Z.
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This event appears in Payments & Adoption because 1 public source support the summary. TxFlows classifies the evidence as reported news and reported news, with a standard reporting trust tier. Publisher links are shown only when the URL is safe to expose.
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