Citibank Bets Big On A New Golden Age Of Digital Payments With New Token Service

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Citibank (NYSE: C), a global banking giant, has developed a groundbreaking business service centered around smart contracts, aiming to revolutionize instant payments. Known as Citi Token Services, the banking giant has been at the forefront of developing digital currencies, and this recent news is an extension of that dynamic. In a recent press release, the bank unveiled this novel service, which facilitates scheduled transfers of tokenized deposits, ensuring swift payments around the clock. The intention of Citi Token Services isn’t to stop at facilitating quick payments—it empowers liquidity…

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