🚨BREAKING:🇨🇭 $6.1T UBS, together with 5 major Switzerland banks, partner to test Swiss franc stablecoin.
UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, and BCV have joined forced with Swiss Stablecoin AG to launch a Swiss franc (CHF) stablecoin sandbox.
The token is designed to stay 1:1 with the Swiss franc, aiming to strengthen Switzerland’s digital finance ecosystem.
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