{"id":35399,"date":"2025-09-18T07:20:12","date_gmt":"2025-09-18T07:20:12","guid":{"rendered":"https:\/\/dev.tradesilvania.com\/switzerland-makes-history-banks-complete-first-blockchain-based-payment\/"},"modified":"2025-09-18T07:20:12","modified_gmt":"2025-09-18T07:20:12","slug":"switzerland-makes-history-banks-complete-first-blockchain-based-payment","status":"publish","type":"post","link":"https:\/\/www.tradesilvania.com\/en\/news\/switzerland-makes-history-banks-complete-first-blockchain-based-payment\/","title":{"rendered":"Switzerland makes history: banks complete first blockchain-based payment"},"content":{"rendered":"<p>\n                <img decoding=\"async\" src=\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Switzerland-makes-history-banks-complete-first-blockchain-based-payment.png\" alt=\"Switzerland makes history: banks complete first blockchain-based payment\" \/>\n            <\/p>\n<p>Banking revolution in Switzerland! UBS, PostFinance and Sygnum Bank made history with the FIRST legally binding interbank payment on blockchain.<\/p>\n<p>The test, coordinated by the Swiss Bankers Association, used \u201cdeposit tokens\u201d \u2013 bank deposits converted into digital assets.<\/p>\n<p>Two scenarios were tested: a direct payment between clients and a token swap for real-world assets, all managed by smart contracts. The result? An automated, secure, and officially recognized transaction.<\/p>\n<p>It is the first time Swiss banks completed a binding payment on a public blockchain. This could fundamentally change how money moves internationally.<\/p>\n<p>Switzerland, already a global hub for fintech and crypto, raises the bar. Blockchain is no longer just for startups or cryptocurrencies \u2013 it is now entering the heart of traditional banking.<\/p>\n<p>UBS, PostFinance and Sygnum show that the future of bank payments could be digital, fast, and free from unnecessary intermediaries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>            Banking revolution in Switzerland! UBS, PostFinance and Sygnum Bank made history with the FIRST legally binding interbank payment on blockchain.<\/p>\n<p>The test, coordinated by the Swiss Bankers Association, used \u201cdeposit tokens\u201d \u2013 bank deposits converted into digital assets.<\/p>\n<p>Two scenarios were tested: a direct payment between clients and a token swap<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[99,98],"class_list":["post-35399","post","type-post","status-publish","format-standard","hentry","category-news","tag-en","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tradesilvania News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradesilvania.com\/en\/news\/switzerland-makes-history-banks-complete-first-blockchain-based-payment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tradesilvania News\" \/>\n<meta property=\"og:description\" content=\"Banking revolution in Switzerland! UBS, PostFinance and Sygnum Bank made history with the FIRST legally binding interbank payment on blockchain. The test, coordinated by the Swiss Bankers Association, used \u201cdeposit tokens\u201d \u2013 bank deposits converted into digital assets. Two scenarios were tested: a direct payment between clients and a token swap\" \/>\n<meta property=\"og:site_name\" content=\"Tradesilvania\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-18T07:20:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Switzerland-makes-history-banks-complete-first-blockchain-based-payment.png\" \/>\n<meta name=\"author\" content=\"Ciprian Dobrescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ciprian Dobrescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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