PANews
PANews|11月 27, 2025 06:58
[Swiss Bank Amina Bank Explores Instant Fiat Settlement via Google Cloud Universal Ledger] According to Cryptopolitan, Swiss compliant crypto bank Amina Bank, in collaboration with Deutsche Börse subsidiary Crypto Finance Group, has completed a pilot for real-time fiat settlement between Swiss banks on Google Cloud's Universal Ledger. The pilot achieved 24/7 instant settlement while maintaining full compliance throughout the process. Using distributed ledger technology (DLT), the pilot demonstrated the modernization potential for scenarios such as cross-border payments, multi-currency settlements, and POS systems, with all participating banks adhering to traditional compliance standards within the existing regulatory framework. Amina Bank's CEO stated that the pilot proves that technological innovation and financial stability can coexist, providing a practical model for the transformation of the global financial system. As the operational currency partner for the pilot, Crypto Finance Group was responsible for setting transaction rules and overseeing compliance processes. A Google Cloud executive noted that the infrastructure can be embedded into banks' core systems to offer customers near real-time payment services. The next phase of the pilot will expand into consumer POS integration and cross-border payment domains.
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