Swiss banks begin testing CHF stablecoin with SIX and TWINT joining as partners
Swiss financial firms including UBS and Sygnum have begun testing a CHF stablecoin (CHFD) in Switzerland's stablecoin sandbox, with SIX and TWINT joining as new partners. Nine companies are testing the stablecoin for automated transactions, tokenized asset settlement, and programmable payments.
Detected & updated continuously · Source: Nebula
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@sygnumofficial
Sygnum is helping shape Future Finance through the next phase of Switzerland’s CHF stablecoin sandbox. Together with @UBS, @PostFinance, @Raiffeisen_CH, @zkb_ch, @BCV and Swiss Stablecoin AG - and now joined by @sixgroup and @twintapp - the initiative has entered its test https://t.co/NIodTGbIQg
@TheBlockCo
THE BLOCK: UBS, Sygnum, and other Swiss financial firms have begun testing a CHF stablecoin, with SIX and TWINT joining the initiative as new partners. Nine companies are testing CHFD for automated transactions, tokenized asset settlement, and programmable payments through the https://t.co/gd9ZgIBiM7