Latest news and articles about Swiss franc from NEX English
Six Swiss banks, including UBS, have announced a collaboration to test a stablecoin linked to the Swiss franc, aiming to enhance the digital financial system in the country. The tests will take place in a secure environment known as a 'sandbox' in 2026.
Mondelēz International, known for its Oreo cookies, has announced its entry into the Swiss franc bond market for the first time. This decision comes as global companies increasingly seek to leverage the Swiss currency for debt financing.
The Swiss franc bond market has recorded unprecedented figures in new issuances and the number of issuers over the past year, according to a senior official at the Swiss central bank. These developments reflect a significant recovery in the Swiss financial market.