Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud.

According to Mars Finance, Swiss crypto bank Amina Bank, together with Crypto Finance Group and its partner banks, recently completed a distributed ledger technology (DLT) pilot project using Google Cloud Universal Ledger. This project enabled near real-time, 24/7 fiat currency settlement between regulated Swiss banks. The pilot did not introduce a new digital currency, but instead continued to use traditional commercial bank funds, demonstrating that DLT technology can be seamlessly integrated into traditional banking systems within existing regulatory and compliance frameworks. Officially, this achievement lays the foundation for future promotion of "cross-border payments," "multi-currency settlements," and "point-of-sale (POS) integrated payments," signifying a potential transformation of the traditional financial system into Web3/blockchain infrastructure.