UBS CHF stablecoin sandbox adds SIX, TWINT as partners

(AWP Alliance News) - UBS joined Swiss banks and payments firms in a live sandbox to test a Swiss franc stablecoin, adding SIX and TWINT as new partners as the project enters its testing phase. The group is testing blockchain-based use cases tied to the CHFD stablecoin, pegged 1:1 to the Swiss franc.

The initiative targets applications in interbank transactions, tokenized asset management, and programmable payments, including fraud reduction in online marketplaces. The test phase is expected to run through end-2026, with participants assessing technical, operational, and regulatory requirements ahead of any potential market rollout.

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Disclaimer: This news brief was created using generative artificial intelligence. UBS Group AG published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.