News Explorer — Swiss Banks Collaborate to Trial Franc-Pegged Stablecoin

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Apr 8, 11:00 am

Coindesk

Swiss Banks Collaborate to Trial Franc-Pegged Stablecoin

A consortium of six major Swiss banks, including UBS and PostFinance, partnered with Swiss Stablecoin AG to trial a Swiss franc-pegged stablecoin. The project aims to test blockchain-based payments in Switzerland's financial system through 2026 in a controlled environment.

A consortium of six major Swiss banks, including UBS and PostFinance, partnered with Swiss Stablecoin AG to trial a Swiss franc-pegged stablecoin. The project aims to test blockchain-based payments in Switzerland's financial system through 2026 in a controlled environment.

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