Swiss Stock Exchange Asks Central Bank to Issue Stablecoin

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Head Swiss stock trade SIX asked the nation's national bank to issue a stablecoin, neighborhood media SwissInfo provides details regarding June 26

Per the report, the crypto resource would be utilized to settle installments on its new advanced protections exchanging stage. The trade supposedly reported during the Crypto Valley Association meeting this week that clients of its up and coming SDX stage will most likely swap fiat cash for another stablecoin.

The trade clarified that "SDX part banks will most likely settle their exchanges and different commitments against tokenised CHF inside SDX once we are ready for action." The firm additionally clarified that the tokens can be authored on-request:


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