🔥Six Major Swiss Banks Launch Swiss Franc Stablecoin Sandbox Testing Program

On April 8, six major Swiss banks, including UBS and PostFinance, in collaboration with Swiss Stablecoin AG, launched a sandbox testing project for Swiss franc stablecoins. The goal is to simulate real payment processes, explore the connection between blockchain and traditional financial systems, and examine applications of programmable money. Currently, Switzerland does not have widely used regulated Swiss franc stablecoins. This initiative aims to gather operational experience in a controlled environment to lay the groundwork for potential official stablecoin launches. The sandbox testing will be conducted within 2026, using a "digital real-time environment" mode, with limits on user numbers and transaction volumes to manage risk. The focus is on testing payment settlement speed and programmable currency use cases. The project is open to other banks, enterprises, and institutions, and participants hope to understand how stablecoins perform in real-world scenarios through practical simulation.