UBS CHF stablecoin sandbox adds SIX, TWINT as partners

• UBS joined a Swiss consortium to test a Swiss-franc stablecoin, adding SIX and TWINT as new partners.
• Sandbox testing uses the CHFD stablecoin, live since late June, pegged 1:1 to CHF.
• Partners will run live use-case trials in a controlled environment, aiming to shape Switzerland’s digital-money ecosystem and competitiveness.
• Test phase is open-ended, expected to run through end-2026, assessing value creation, operational hurdles, technical needs, regulatory requirements.

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