Homburger advised UBS, PostFinance and Sygnum in connection with a joint CHF stablecoin sandbox

On April 8, 2026, UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, BCV and Swiss Stablecoin AG announced the launch of a joint CHF stablecoin sandbox. The new initiative will test potential use cases for a CHF stablecoin in Switzerland. In doing so, the partners are exploring ways to connect blockchain applications with the Swiss franc, aiming to strengthen both the Swiss digital money ecosystem and the competitiveness of Switzerland’s financial center.

Homburger advised UBS, PostFinance and Sygnum with regard to contractual, corporate, regulatory and other legal aspects of the sandbox. The Homburger team was led by Dieter Gericke (Corporate / M&A) and Stefan Kramer (Financial Market Regulation / Investment Products) and included Daniel Bötticher and Constantin Khovrin (both Corporate / M&A) as well as Allegra Arnold (Competition) and Luca Dal Molin (IP / IT).