Safirum to Launch CHF-S, Swiss Franc Stablecoin on Solana in Q3 2026

SOL-5.88%

Safirum AG announced plans to introduce CHF-S, a stablecoin backed 1:1 by the Swiss franc, on the Solana blockchain in Q3 2026. The digital asset will operate on Solana's Token-2022 standard and comply with Swiss Financial Market Supervisory Authority (FINMA) regulatory requirements.

The stablecoin will integrate protocol-level Know Your Customer verification and require anti-money laundering checks before token minting. Every CHF-S token will be supported by an equivalent amount of Swiss francs held in segregated bank accounts, ensuring full fiat backing for all issued assets.

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