Mars Financial news: Six major Swiss banks, including UBS and PostalFinance, have teamed up with the Swiss stablecoin company to launch a sandbox testing project for Swiss franc stablecoins. The aim is to simulate real payment processes, explore connections between blockchain and traditional financial systems, and the use cases of programmable money. At present, there is no widely used, regulated Swiss franc stablecoin in Switzerland. This initiative is intended to gather operational experience in a controlled environment, laying the groundwork for a potential official launch of stablecoins. The sandbox tests will be conducted within 2026, using a “digital real-time environment” model, with limits on the number of users and transaction volumes to control risk, focusing on testing payment settlement speed and programmable money use cases. The project is open to other banks, enterprises, and institutions. Participating parties hope to use actual simulations to understand the feasibility of stablecoins in real financial services, and to assess whether to move forward with a full commercialized stablecoin issuance. This project is similar to efforts by other European banks to promote euro stablecoins, and hopes to reduce reliance on dollar stablecoins and improve the competitiveness of the Swiss franc in the digital payments space.
六家主要瑞士銀行がスイスフランステーブルコインのサンドボックステストプロジェクトを開始
Mars Financial news: Six major Swiss banks, including UBS and PostalFinance, have teamed up with the Swiss stablecoin company to launch a sandbox testing project for Swiss franc stablecoins. The aim is to simulate real payment processes, explore connections between blockchain and traditional financial systems, and the use cases of programmable money. At present, there is no widely used, regulated Swiss franc stablecoin in Switzerland. This initiative is intended to gather operational experience in a controlled environment, laying the groundwork for a potential official launch of stablecoins. The sandbox tests will be conducted within 2026, using a “digital real-time environment” model, with limits on the number of users and transaction volumes to control risk, focusing on testing payment settlement speed and programmable money use cases. The project is open to other banks, enterprises, and institutions. Participating parties hope to use actual simulations to understand the feasibility of stablecoins in real financial services, and to assess whether to move forward with a full commercialized stablecoin issuance. This project is similar to efforts by other European banks to promote euro stablecoins, and hopes to reduce reliance on dollar stablecoins and improve the competitiveness of the Swiss franc in the digital payments space.