UBS partners with five banks for Swiss franc stablecoin sandbox

Written by Zoltan Vardai, Staff WriterReviewed by Bryan O’Shea, Staff EditorUBS partners with five banks for Swiss franc stablecoin sandbox48 minutes agoUBS, PostFinance, Sygnum and others launched a 2026 sandbox to test Swiss franc stablecoin use cases and blockchain payment rails in Switzerland.       Listen0: 00 Cointelegraph in your social feed           UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, Banque Cantonale Vaudoise and Swiss Stablecoin AG have launched a sandbox to test use cases for a Swiss franc stablecoin in Switzerland. Announced on Wednesday, the initiative will allow participating banks to test selected fanc stablecoin use cases in what the partners described as a secure digital live environment or sandbox. The group said the project is intended to build experience in handling digital payment methods. The sandbox will be conducted in 2026, with Swiss Stablecoin AG providing the issuance infrastructure. The project is also open to other banks, companies and institutions that want to take part. The project marks the latest effort by major Swiss lenders to test how blockchain-based financial applications can connect to the Swiss franc. Bitcoin Suisse AG previously issued the Swiss franc-based CryptoFranc, or XCHF, which it described as a payment token.