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sandbox-testing

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Crypto· Stablecoins

Swiss stablecoin sandbox enters testing phase, adds two new partners

A Swiss sandbox initiative testing a domestic stablecoin called CHFD has expanded to include nine participating companies, with financial infrastructure operator SIX and mobile payment platform TWINT joining existing banking participants. The pilot aims to explore how blockchain-based programmable payments could streamline transactions across several use cases, from marketplace fraud prevention to ticketing and government payments.

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