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Sygnum DCHF (concept)

Swiss regulated bank exploring a CHF-pegged stablecoin under the forthcoming FinIA payment-institution license.

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Category
Single-Issuer Reserve Model
Regulatory regime
FINMA (Switzerland)
Issuer
Sygnum Bank
Region
Switzerland
Peg
CHF

Blockchain protocols

Ethereum (planned)

How it works

Reserves held as segregated CHF sight deposits / HQLA; redeemable 1:1 at par.

Revenue model

Reserve yield on CHF HQLA; B2B platform fees.

Regulation

FINMA; draft FinIA stable-payment crypto-asset regime.