taipeitimes.com
Oct 3, 2026
Citi’s token service lets Taiwan firms shift cash any time
AI-summarised brief · reviewed before publication
Citigroup’s digital payment service, Citi Token Services, enables Taiwanese firms with overseas operations to transfer funds between eligible Citi accounts worldwide at any time, including weekends and holidays. The blockchain‑based platform, already active in the US, UK, Hong Kong, Singapore, Ireland, Japan, and the UAE, supports US dollar and euro transactions. Taiwanese clients can use the service through existing Citi accounts, facilitating near‑instant liquidity for cross‑border operations. Daily tokenized deposits reach roughly US$1 billion, and the service is expanding to include stablecoin integration via Coinbase.
💡 Why It Matters
- · The ability to move money instantly across time zones gives Taiwan’s export‑heavy companies a competitive edge in managing cash flow and mitigating currency volatility.
