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SIX and TWINT Join Switzerland's CHF Stablecoin Initiative Amid Ongoing Testing

Guavy AI Editorial Team
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CHF
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SIX and TWINT have joined Switzerland's CHF stablecoin initiative, which aims to explore the potential of a blockchain-based Swiss franc. The initiative launched in April this year and now has nine partners.

The new partners bring expertise in financial market infrastructure and digital payment solutions. Testing is underway, with the nine partners jointly exploring how blockchain applications could connect with a CHF stablecoin.

The goal is to gain insights that support Switzerland's digital-money ecosystem and strengthen the competitiveness of the Swiss financial centre.

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