# UBS and five major Swiss banks just partnered to test a Swiss franc crypto stablecoin.

*web3 · news · 2026-04-10 · TechBullion*

## Key points

- UBS and five Swiss banks are piloting a Swiss franc stablecoin tied to $6.1 trillion in assets.
- This is the first time such a large combined asset base has participated in a crypto stablecoin test.
- Pepeto, a new decentralized exchange, has raised $8.8 million and secured a Binance listing.
- Pepeto's cofounder previously built Pepe to $11 billion using the same 420 trillion token supply.

**Companies:** UBS
**Countries:** Switzerland

[Read the full story on TechBullion](https://techbullion.com/best-crypto-presale-to-buy-in-2026-as-ubs-tests-franc-stablecoin-and-pepeto-fills-fast/)

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