[Three Swiss Banks Complete Cross-Bank Payment Pilot on Ethereum]
Swiss banks America, PostFinance, and Sygnum have successfully completed a cross-bank payment pilot on the Ethereum public blockchain, utilizing Deposit Tokens to achieve legal interbank settlements and eliminate reliance on traditional payment systems. The pilot included peer-to-peer payments between customers and the exchange of Deposit Tokens with assets, verifying the feasibility of this technology on both legal and technical levels. In the next phase, the project will further attract more banks, financial infrastructure providers, and regulatory institutions to explore its potential for larger-scale applications.