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PostFinance and Swiss Stablecoin Partner To Launch Swiss Digital Franc

June 21 (Cointime) - PostFinance has partnered with Swiss Stablecoin (SSC) to develop the digital franc, a Swiss stablecoin. The partnership will begin with a joint Proof of Concept (PoC) to create a digital version of the stablecoin, backed 1:1 by the Swiss franc.

The PoC will be conducted in collaboration with the Cardossier association, with the aim of issuing and redeeming the digital franc through the network of a Swiss bank. PostFinance and Swiss Stablecoin hope to create a currency that enables new functions and enjoys trust and wide acceptance among the population.

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