Emirates NBD Launches Real-Time USD Blockchain Payments on Partior Network on July 14

According to Emirates NBD, on July 14, the Dubai-based bank went live on the Partior network to offer instant cross-border U.S. dollar payments, becoming one of the first financial institutions in the Middle East, North Africa and Türkiye region to deploy blockchain-based settlement technology. JPMorgan functioned as both the settlement and beneficiary bank in the successful pilot transaction, and Emirates NBD is now rolling out the service to corporate and institutional clients for instant USD payments to JPMorgan account holders.

The bank plans to scale the service by connecting with additional global banks and introducing more currencies, settlement corridors and programmable liquidity management tools. Anith Daniel, group head of transaction banking services at Emirates NBD, stated the platform enables faster settlement and secure, scalable payment solutions for clients' treasury operations.