SMEs
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Swiss Bankers Association: The penetration rate of stable currency in the Swiss financial system is limited
According to reports, the Swiss Bankers Association has released a white paper on how Swiss banks can support the development of the country’s digital economy. The Swiss franc “joint” deposit token is the solution determined by the group. Interpretation of this information: The Swiss Bankers Association (SBA) has recently published a white paper outlining a new solution for supporting the country’s digital economy. The paper suggests the use of a “joint” deposit token, which is a digital representation of ownership of a joint deposit account. This new system is designed…
