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UBS and five major Swiss banks just partnered to test a Swiss franc crypto stablecoin.
UBS and five Swiss banks are piloting a Swiss franc stablecoin tied to $6.1 trillion in assets.
KEY POINTS
- 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
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