06:59
Amina Bank, a Swiss bank, explores instant fiat settlement through Google Cloud's universal ledger.
Swiss Amina Bank and the Crypto Finance Group under Deutsche Börse have successfully completed a pilot for real-time fiat Settlement on Google Cloud's universal ledger, validating the application potential of Distributed Ledger technology in cross-border payments and multi-currency Settlements, while complying with existing regulatory standards. This move provides a practical model for the transformation of the financial system.
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