CTS-USDDeposit TokenBank Deposit Liability
United StatesSelf-reported
United StatesSelf-reportedCiti Token Services — USD Deposit Token
Citi· New York, United States
- Outstanding balance
- $780.0M
- 0D change
- -
- Yield · Target distribution
- 3.72%
- NAV
- 1.0000
- Expense ratio
- 0.00%
- Minimum
- $5.0M
- Redemption
- Intraday
- Launched
- 18 Sept 2023
Field coverage 88%Primary-source or on-chain verified 33% of tracked metrics1/1 source documents analyst-verifiedLast reconciled 17 Sept 2026
Overview
What this product is
A tokenized deposit aimed squarely at corporate treasury: cross-border liquidity movement between the bank's own branches outside cut-off windows. Its competitor is the bank's own wire network, not a stablecoin.
- Underlying asset
- A commercial bank deposit claim on the issuing bank
- Asset class
- Deposit Token
- Product structure
- Bank Deposit Liability
- Legal structure
- Bank Deposit Liability
- Issuer jurisdiction
- United States
- Fund domicile
- United States
- Base currency
- USD
- Launched
- 18 Sept 2023
Peer set
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
| JPMD-USD | 3.85% | 0.00% | $10.0M | $1.65B |
| CTS-USDthis product | 3.72% | 0.00% | $5.0M | $780.0M |
Issuer
Who runs it
CitiNew York, United States
Global bank running tokenized deposit and collateral pilots and acting as distribution partner for tokenized liquidity products to corporate treasuries.
Portfolio
Composition
- Deposit liability of the issuing bank100.0%