UBS, PostFinance, Sygnum, Raiffeisen, ZKB and BCV are working with Swiss Stablecoin to explore the potential of a Swiss franc (CHF) stablecoin.

The collaboration will test selected use cases in a secure digital live environment, known as a sandbox, providing a controlled setting for experimentation.

The initiative aims to support the development of a Swiss digital currency ecosystem, build expertise in digital payment solutions, and generate practical insights.

Participating institutions will focus on enhancing process efficiency and creating tangible benefits for customers.

The sandbox is based on a jointly developed list of potential use cases, with the technical infrastructure for issuing the stablecoin provided by Swiss Stablecoin.

Scheduled for 2026, the sandbox is open to other banks, companies and institutions interested in contributing to the development of a CHF stablecoin.

Featured image credit: Edited by Fintech News Switzerland, based on image by freepik