Bitfinex announced the adding of BTC/XCHF trading pair to it’s platform. BTC/XCHF will be the first non-USD stablecoin base pair on Bitfinex.
The CryptoFranc (XCHF), is an Ethereum-based stablecoin representing a Swiss Franc denominated bond. The value of 1 XCHF is equal to 1 CHF through a direct token backing.
XCHF was launched in October 2018 by Swiss Crypto Tokens, a subsidiary of Bitcoin Suisse. Bitcoin Suisse is pioneering crypto-financial services since 2013 and played a crucial role in the development of the crypto valley and the overall Swiss blockchain ecosystem. The services provided to the global institutional and private client base include Brokerage and Trading, Storage Solutions, Collateralized Lending, Crypto Financial Solutions and other related services such as Staking and Baking.
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