Wednesday , April 24 2024
Home / Tag Archives: Sygnum Digital Swiss Franc

Tag Archives: Sygnum Digital Swiss Franc

First Regulated Stablecoin Retail Transaction—at Digitec?

C. Septhon reports in Modern Consensus: The Sygnum Digital Swiss Franc (DCHF), which is pegged on a 1:1 basis with the fiat currency, was used to complete a payment for an Apple iPad at Digitec Galaxus, Switzerland’s largest online retailer. Coinify, a digital currency platform provider, enabled the sale to take place. Sygnum is different from Tether etc. because it is a regulated bank. Accordingly, DCHF corresponds to a monitored currency board.

Read More »