FILE PHOTO: A logo of UBS is pictured outside a branch of Swiss bank UBS in Zurich, Switzerland, June 19, 2025. REUTERS/Denis Balibouse/File Photo
(Reuters) - Three Swiss banks, including UBS, have carried out a binding payment using bank deposits and a public blockchain for the first time, the Swiss Bankers Association said on Tuesday.
The payment was carried out as part of a feasibility study on use of deposit tokens by PostFinance, Sygnum Bank and UBS.
