TechFlow, September 16 — According to CoinDesk, Swiss banks UBS, PostFinance, and Sygnum have successfully tested cross-bank payments on the Ethereum blockchain, using deposit tokens to enable interbank legal settlements without relying on traditional payment systems. The pilot covered peer-to-peer customer payments and exchanges between deposit tokens and assets, verifying both technical and legal feasibility. The next step will be engaging more banks, infrastructure providers, and regulators to explore scalable applications of the system.
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