Switzerland's digital money infrastructure just moved forward. 🇨🇭
UBS confirmed CHFD — a Swiss franc-pegged stablecoin — has entered live testing, with financial market operator SIX and payment app TWINT joining as partners.
Live in sandbox since late June. Designed to hold a 1:1 peg to the Swiss franc. Built to strengthen Switzerland's competitiveness as a digital finance hub.
Another established financial centre, another regulated stablecoin moving from sandbox to real-world rails.
The rails are open. 🔴
Post #176
13
