According to NadaNews, Citi announced the expansion of its tokenized deposit service for corporate clients, 'Citi Token Services,' to Japan and the UAE. Built on a Citi-managed permissioned blockchain, this service allows corporate clients to instantly transfer funds across borders 24/7 using their existing bank accounts without the need to set up additional crypto wallets. The Japan market supports USD settlements, while the UAE supports both USD and EUR settlements, bringing the total coverage to seven markets, including the US, UK, Singapore, and Hong Kong. Additionally, Citi announced the same day that it is expanding its partnership with Coinbase, leveraging Coinbase's payment infrastructure to enable corporate clients to accept stablecoin payments and automatically settle them in fiat currency. https://www.(wublock123.com)/news/citigroup-tokenized-deposits-expand-japan-uae-69181