Swiss Stock Exchange SIX will launch Swiss Franc stable currency

SIX, Switzerland's largest stock exchange, is working hard to create a “stable currency” linked to the Swiss franc, a cryptocurrency linked to the Swiss franc to facilitate transactions on the SIX Digital Exchange (SDX). SIX cannot provide more information about whether the stable currency will be used internally in SDX (similar to JPM Coin) or whether it is a stable currency that can be traded on the exchange. In July last year, SIX said that SDX will be put into operation in the second half of 2019, first marking stocks and bonds.