Swiss Franc-Pegged Stablecoin Planned By Switzerland’s SIX Swiss Exchange
SIX Swiss Exchange, Switzerland’s principal stock exchange, is reportedly developing a stablecoin pegged to the Swiss franc.
The stablecoin is reportedly being created to facilitate transactions on the upcoming SIX Digital Exchange (SDX), a fully integrated, blcokchain-based end-to-end trading, settlement and custody service for cryptocurrencies.
