Swiss Banks Launch CHF Stablecoin Sandbox Led by UBS and Partners

The post Swiss Banks Launch CHF Stablecoin Sandbox Led by UBS and Partners appeared first on Coinpedia Fintech News Switzerland just made one of the biggest moves in its financial history. Six major banks, including UBS, PostFinance, Sygnum, Raiffeisen, Zurcher Kantonalbank, and BCV, have come together to test a Swiss franc-backed stablecoin.  This is the Swiss banking establishment saying blockchain is real, and they are getting ready for it right now. UBS and Swiss …