Citi Token Services — Tokenizing Cross-Border Payments
Citi Token Services launched in 2023 to tokenize bank deposits for instant cross-border payments, piloted with Maersk for trade finance and operating with regulatory approval in the US and UK.
Stellar Blockchain
Stellar is a Layer 1 blockchain purpose-built for fast, cheap cross-border payments and tokenized assets — chosen by Franklin Templeton for FOBXX (alongside Polygon) and WisdomTree for multiple tokenized funds due to its institutional-grade settlement speed and low fees.