Real-Time Fiat Settlements: AMINA and Crypto Finance Group Pilot with Google Cloud Achieves Success

AMINA, a Swiss bank, and Crypto Finance Group, a Deutsche Börse company, have successfully completed a pilot program utilizing Google Cloud’s technology for real-time fiat settlement. This groundbreaking achievement marks the first time banks can process payments instantly, 24/7, without relying on new digital currencies, highlighting how existing financial infrastructure can be modernized with distributed ledger technology (DLT). This innovative solution addresses a key challenge in banking: bridging traditional finance and emerging technologies.