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UBS has partnered with PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, Banque Cantonale Vaudoise,.
UBS and major Swiss banks have launched a sandbox to test Swiss franc stablecoin use cases.
KEY POINTS
- The sandbox will run through 2026 and is open to additional banks and institutions.
- Swiss Stablecoin AG will provide the issuance infrastructure for the stablecoin tests.
- Bitcoin Suisse's CryptoFranc (XCHF) stablecoin was discontinued in 2024.
COMPANIES
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