According to Ledger Insights, Deutsche Bank and UBS have completed a tokenized deposit payment experiment based on the German central bank Bundesbank Trigger solution. This experiment is part of the European Central Bank's wholesale distributed ledger technology (DLT) settlement trial, achieving the linkage between the blockchain system and the central bank payment system Target2 through Trigger Chain, where the sender's token is destroyed on the blockchain and the receiver mints anew. The technology is provided by Adhara, ensuring the atomicity of the settlement process. The trial includes time-sensitive payments in euros as well as cross-border transactions involving pounds and Swiss francs, all settled in euros.