DEPLOYMENT · APAC
DBS, OCBC, UOB complete live tokenised SGD transactions on Swift ledger
Three major Singapore banks (DBS, OCBC, UOB) have settled domestic transactions using tokenised deposits on Swift's blockchain-based ledger—a live production test of digital asset settlement infrastructure for central bank currencies.
WHY IT MATTERS
Signals readiness of systemically important banks to migrate high-volume, low-latency payments to blockchain rails; accelerates precedent for tokenised currency adoption across APAC.
Source: Finextra · 2026-09-14