Swiss Companies Join Forces on CHF Stablecoin Sandbox

The CHF Stablecoin Sandbox has entered its test phase, with nine Swiss companies exploring how blockchain applications can be connected to a stablecoin pegged to the Swiss franc. SIX and TWINT have joined the initiative as new partners, bringing expertise in financial market infrastructure and digital payment solutions.

The sandbox is testing selected use cases for a CHF stablecoin, including automated transactions between financial institutions, tokenized settlement of digital assets, and programmable payments. The partners are also examining innovative applications, such as reducing fraud risks on online marketplaces and supporting fair access to event tickets.

The test phase will continue until the end of 2026, with a focus on gaining insights into where a CHF stablecoin could create added value and what challenges exist. Upon completion, an overview of the findings will be provided.