UBS Partners with Five Major Swiss Banks to Test Use Case for a Swiss Franc-pegged Stablecoin

UBS has announced that it is partnering with five other major Swiss banks—PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank (ZKB), and Banque Cantonale Vaudoise (BCV)—along with Swiss Stablecoin AG to test use cases for a Swiss franc-pegged stablecoin often referred to as a CHF or digital franc stablecoin. UBS manages around $6.1 trillion in assets making this […] The post UBS Partners with Five Major Swiss Banks to Test Use Case for a Swiss Franc-pegged Stablecoin appeared first on Tekedia.

UBS Partners with Five Major Swiss Banks to Test Use Case for a Swiss Franc-pegged Stablecoin

UBS has announced that it is partnering with five other major Swiss banks—PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank (ZKB), and Banque Cantonale Vaudoise (BCV)—along with Swiss Stablecoin AG to test use cases for a Swiss franc-pegged stablecoin often referred to as a CHF or digital franc stablecoin. UBS manages around $6.1 trillion in assets making this […]

The post UBS Partners with Five Major Swiss Banks to Test Use Case for a Swiss Franc-pegged Stablecoin appeared first on Tekedia.

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