Three major Swiss banks complete public blockchain tokenized deposit trial
2025-09-16 23:01:03
Under the Swiss Banking Association, three major Swiss banks - UBS, PostFinance, and Sygnum - have completed a trial of tokenized deposits based on the Ethereum public chain. In this proof-of-concept (PoC), the token triggers off-chain traditional payments, and plans to explore native digital deposit tokens in the future. The trial aims to break through the limitations of existing payment infrastructure and enable programmable payments and large fund transfers 24/7. The trial covers interbank payments and tokenized asset transaction custody settlement, and the results show that it is technically and legally feasible, and the token can be regarded as a digital representation of payment instructions.
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