On the 29th, U.S. financial giant Citigroup announced the expansion of its corporate fund transfer service, 'Citi Token Services,' which employs tokenized deposits and blockchain technology, to Japan and the United Arab Emirates (UAE). In Japan, the service supports USD transactions, while in the UAE, it supports both USD and Euro transactions.
The service is already operational in five markets: the United States, Ireland, Hong Kong, Singapore, and the United Kingdom. This expansion...