Evidence record
Crypto Finance pilots Swiss franc account-to-account transfers between two Swiss banks on Google Cloud Universal Ledger
Read the item · published 2026-10-26
Evidence
- Confidence
- Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
- Quote verified
- 2026-10-31 20:46 UTC
- Archived snapshot
- SHA-256
ba33498cc60aa09759a4f64d7846d5f335d94f01fa74d13e23a700f205f9f5fc· fetched 2026-10-27 · Wayback Machine copy ↗ - Source type
- Official institutional Google Cloud (co-authored with Crypto Finance Group) ↗
… net difference. For the pilot, Crypto Finance chose to adopt deferred settlement, in which GCUL manifests capital efficiency. In this way, clients enjoy instant transfers while banks conserve liquidity through periodic settlement. Concept validation To demonstrate instant, bi-directional account-to-account transfers on GCUL, Crypto Finance orchestrated a pilot with two digital token issuers, a Swiss digital asset bank, and a Swiss B2B transaction bank. Crypto Finance established the rulebook for interactions between the participant banks, such as interbank settlement, integration with traditional SIC payment rails, and AML/compliance protocols. Although some backend steps still needed manual inter …
Change log (1)
- 2026-10-27 Published
Verified quotes
“To demonstrate instant, bi-directional account-to-account transfers on GCUL, Crypto Finance orchestrated a pilot with two digital token issuers, a Swiss digital asset bank, and a Swiss B2B transaction bank.”
“For the pilot, Crypto Finance chose to adopt deferred settlement, in which GCUL manifests capital efficiency.”
“To join the Swiss Franc currency network on GCUL, participants must have regulatory licenses that let them perform third-party transfers and issue commercial bank money.”
String-matched against https://cloud.google.com/blog/topics/financial-services/easy-to-integrate-compliant-by-design-bringing-the-swiss-franc-to-google-cloud-universal-ledger by our verifier before every deploy.
AI-drafted from the primary source; quote string-matched against the live source page · AI-assisted