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UBS, the Swiss banking giant UBS (assets under management of $6.1 trillion), joins five major Swiss banks @ubs
Swiss banking giant UBS (assets under management of $6.1 trillion) teams up with five major Swiss banks to officially launch a regulated Swiss franc stablecoin testing project
UBS's move signifies traditional financial institutions' deep involvement in compliant stablecoin infrastructure, as Switzerland is building a national-level fiat stablecoin system
Six Swiss banks collectively participate in stablecoin testing, demonstrating that Europe's traditional banking sector is accelerating its strategic deployment in blockchain payment and settlement scenarios