Several Swiss financial institutions have announced the launch of a regulated Swiss Franc stablecoin sandbox test, aiming to establish a national-level digital settlement layer. Participants include America, Sygnum, PostFinance, Raiffeisen, Zürcher Kantonalbank, BCV, and Swiss Stablecoin AG. The sandbox operates in a controlled real-world environment with transaction limits and restricted participation scope. It will run until the end of 2026 and gradually open to more institutions. The project’s goal is to support the development of Switzerland’s digital currency ecosystem, accumulate blockchain payment operation experience, and gain insights into practical applications. (The Block) https://(wublock123.com)/news/swiss-banks-regulated-sfr-stablecoin-sandbox-test-59266