Citi processes live transactions on Swift's blockchain ledger for cross-currency payments

Citi announced a strategic partnership on September 3, 2026.

Primary

Citi

Date

September 3, 2026

Sub-sector

PAD/ACH & Bank Rails

Demonstrates major incumbent bank validation of blockchain-based settlement infrastructure, but scale is limited to mega-bank use cases; small fintechs unlikely to access this channel directly in the near term.

Primary company

Citi

Counterparty

Not disclosed

Amount

Not disclosed

Event date

September 3, 2026

Sub-sector

PAD/ACH & Bank Rails

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Finextra

Source: finextra.com