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Cryptocurrency | The Swiss Stock Exchange, SIX, developed its own Stablecoin


quoted from Cointelegraph, financial service providers and major stock exchanges in Switzerland, SIX, are known to develop their coin labels to be pegged to the Swiss franc (CHF).

The company also plans to launch an exchange of exchange for blockchain-based digital tokens in Q2 2019, a spokesman said he currently has no right to discuss further details about this plan.


An executive revealed that the company plans to publish its tokens in the upcoming digital exchange, Thomas Zeeb, head of SIX securities and exchanges, at the time also said:

"In the end, we want to be able to give tokens to existing securities - equity, fixed income, and funding. Maybe the token will eventually replace that part someday."

The goal is expected to begin in the summer or June, paving the way for a direct launch in early 2020. Certainty whether Stablecoin will be ready in time for launch or not.


Last year, SIX exchangers announced plans to register products traded on the world's first crypto (ETP) exchanges such as Bitcoin, Ripple, and Ethereum.


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