Core Insights - Citi plans to integrate its blockchain-based token services platform with its clearing solution to enhance cross-border payment capabilities for institutional customers in the U.K. and U.S. [2][4] Group 1: Integration and Capabilities - The integration will enable a 24/7, multibank cross-border instant payments capability, marking an industry first [2][4] - This solution allows corporate and financial institution clients to initiate payment transactions and manage liquidity almost instantaneously across Citi and non-Citi accounts worldwide [3][4] Group 2: Network and Market Reach - Citi's 24/7 USD Clearing solution supports over 250 banks across more than 40 markets, providing round-the-clock connectivity [4] - The service is initially rolling out in the U.S. and U.K., with plans for future expansion to other regions [4] Group 3: Recent Collaborations - Citi recently integrated its cross-border payments solution with Dandelion's digital wallet network, allowing near-instant payments to digital wallets globally [5][6] - This capability will initially be available in Bangladesh, Colombia, Indonesia, and the Philippines, with future expansion plans [5][6] Group 4: Targeted Solutions - The new offerings enhance Citi's services for financial institutions, particularly in the remittances space, and enable faster B2C payments for corporate clients [6][7] - The solution addresses the growing need for B2C payments into wallets, including payroll, expense reimbursements, and social benefits [7]