{"id":3845,"date":"2024-12-06T15:47:05","date_gmt":"2024-12-06T15:47:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3845"},"modified":"2024-12-06T15:47:05","modified_gmt":"2024-12-06T15:47:05","slug":"major-banks-advance-blockchain-use-with-digital-cash-stablecoins","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3845","title":{"rendered":"Major Banks Advance Blockchain Use With Digital Cash, Stablecoins"},"content":{"rendered":"<div>\n<p>Two of the world&#8217;s largest financial institutions, <strong>Citi <\/strong>and<strong> Soci\u00e9t\u00e9 G\u00e9n\u00e9rale<\/strong>, are making strides in blockchain technology and unveiling new initiatives that could reshape traditional banking processes. <\/p>\n<p>During a recent panel at <strong>Benzinga&#8217;s Future of Digital Assets<\/strong> event, Citi\u2019s <strong>Ioana Niculcea<\/strong> and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale\u2019s <strong>Thomas Sullivan<\/strong> shared their companies&#8217; latest advancements in tokenization and digital finance.<\/p>\n<h1 class=\"wp-block-heading\"><strong>Citi&#8217;s Tokenized Deposit Solution<\/strong><\/h1>\n<p>Citi launched a tokenized inter-branch deposit system called <strong>Citi Digital Cash<\/strong>. This live and operational solution facilitates transactions between the U.S. and Singapore, allowing faster, more efficient cash movements within the bank&#8217;s network.<\/p>\n<p>\u201cOur Citi Digital Cash solution \u2014 inter-branch tokenized deposits for the U.S.-Singapore corridor \u2014 is now live and commercial,\u201d Niculcea said during the panel discussion.<\/p>\n<p>She emphasized the ability to integrate digital and analog financial systems is critical for clients. As the demand for seamless access to both traditional and digital assets grows, solutions like Citi Digital Cash demonstrate the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/events\/24\/12\/42366131\/major-banks-advance-blockchain-use-with-digital-cash-stablecoins\" alt=\"Major\" banks advance blockchain use with digital cash stablecoins>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Two of the world&#8217;s largest financial institutions, Citi and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, are making strides in blockchain technology and unveiling new initiatives that could reshape traditional banking processes. During a recent panel at Benzinga&#8217;s Future of Digital Assets event, Citi\u2019s Ioana Niculcea and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale\u2019s Thomas Sullivan shared their companies&#8217; latest advancements in tokenization and digital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3845","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3845"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3845\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}