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Swiss banks launch CHF stablecoin sandbox
09 April 2026 Switzerland
Reporter: Matthew Challis

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Image: Negro_Elkha/stock.adobe.com
UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, BCV, and Swiss Stablecoin are collaborating to test select use cases for a Swiss franc in a secure digital live environment.

The initiative aims to address the lack of a regulated CHF stablecoin with broad application in Switzerland.

The participants intend to support the development of a Swiss ecosystem for digital money, build new capabilities for handling digital payment methods, and gain practical insights.

The companies working on the sandbox are jointly developing an initial list of potential use cases, with the technical infrastructure set to be provided by Swiss Stablecoin.

The initiative will be conducted in 2026, open to interested banks, companies, and institutions wanting to contribute to the development of a CHF stablecoin.
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