{"id":45817,"date":"2026-04-08T11:17:27","date_gmt":"2026-04-08T11:17:27","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/45817\/"},"modified":"2026-04-08T11:17:27","modified_gmt":"2026-04-08T11:17:27","slug":"swiss-banks-push-chf-stablecoin-pilot-to-bridge-blockchain-fiat-payments","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/45817\/","title":{"rendered":"Swiss banks push CHF stablecoin pilot to bridge blockchain, fiat payments"},"content":{"rendered":"

A consortium of six major Swiss banks joined forces with Swiss Stablecoin AG to test use cases for a Swiss franc-pegged stablecoin, the country\u2019s largest bank UBS announced Wednesday<\/a>.<\/p>\n

UBS, PostFinance, Sygnum, Raiffeisen, Z\u00fcrcher Kantonalbank and BCV, alongside Swiss Stablecoin AG set up a sandbox in a coordinated push to bring blockchain-based payments into Switzerland’s financial system, the statement added.<\/p>\n

The group will run the stablecoin trial period through 2026, allowing banks and other institutions to test transactions in a live but controlled setting.<\/p>\n

The Swiss franc-pegged stablecoin project is designed to allow participants to simulate real payment flows with limits on users and transaction volumes to manage risk.<\/p>\n

Switzerland does not yet have a regulated Swiss franc stablecoin with broad use. The banks aim to test how such a token could support payments, improve settlement speed and connect blockchain-based applications with traditional money.<\/p>\n

The project will focus testing payment processes and exploring how programmable money could support financial services.<\/p>\n

The stablecoin testing period will remain open to other banks, companies and institutions, the statement noted. The group aims to gather operational experience and assess whether a full market debut of a CHF stablecoin can follow.<\/p>\n

The Swiss stablecoin testing period follows a consortium of 12 top banks including BBVA, ING, and UniCredit teaming up to back Qivalis, a digital euro<\/a> that will debut in the second half of 2026, with the primary purpose of becoming the European alternative to dominant dollar stablecoins such as Tether\u2019s USDT and Circle\u2019s USDC.<\/p>\n","protected":false},"excerpt":{"rendered":"A consortium of six major Swiss banks joined forces with Swiss Stablecoin AG to test use cases for…\n","protected":false},"author":2,"featured_media":45818,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[6604,41,17],"class_list":{"0":"post-45817","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-switzerland","8":"tag-stablecoins","9":"tag-swiss","10":"tag-switzerland"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116368811126128326","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/45817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=45817"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/45817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/45818"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=45817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=45817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=45817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}