Swiss stock exchange Six announced about creation of its own stablecoin, bound to Swiss Franc. Stablecoin will be used at the SIX exchange`s own platform – Digital Exchange (SDX).
“Right, now we are developing CHF – stablecoin bound to Swiss Franc”, – an official representative of SIX confirmed the information.
At the current moment it`s unknown, will stablecoin be available only at the SDX platform, or it will become public and join the ranks of other stable coins at other platforms. At the own exchange`s platform stablecoin will implement various functions, including its usage for atomic swaps tokenized securities and other digital assets.
Investment platform has learned that SDX platform will be built on R3 Corda Enterprise. Stock exchange`s representatives has noted that this platform “fits well” for large institutions and will let make “wonderful decision”. It`s expected that SDX platform launch will hold in the second part of this year.