Safirum AG launches CHF stablecoin under Swiss regulation on the Solana blockchain

Rotkreuz, 22 June 2026 – With CHF-S, Safirum AG is issuing a stablecoin that brings the Swiss franc to the blockchain in a regulated form. The company has been admitted as a member of VQF (Financial Services Standards Association), a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority, FINMA, laying the foundation for the issuance of its CHF-S stablecoin in Switzerland. Final preparations are currently underway, with the launch of CHF-S planned for Q3 2026. In addition to retail users, CHF-S is primarily aimed at banks, crypto exchanges and other institutional users.

CHF-S has been designed in accordance with the regulatory requirements for the issuance of stablecoins in Switzerland, in particular the FINMA Supervisory Notice 06/2024. Accordingly, every CHF-S token in circulation is fully backed by equivalent fiat reserves held in segregated accounts at Swiss custodian banks. New token issuance only takes place after completion of the relevant identification and compliance processes and upon receipt of corresponding Swiss franc deposits. Retail users gain access via Safirum's integrated partners, with settlement processes executed directly on-chain.

The stablecoin brings the Swiss franc into digital financial and payment systems where fast settlement, programmability and regulatory clarity are required. Potential applications for CHF-S include B2B payments, treasury management, cross-border transactions and settlement processes for tokenised assets.

CHF-S is built on the Solana blockchain and its Token-2022 standard. Wallet-level KYC whitelisting is embedded directly in the smart contract, meaning that transfers between non-verified wallets, for example, are refused by the protocol itself.

Safirum chose Solana because the blockchain enables high scalability at low transaction costs and supports the implementation of regulatory requirements directly at protocol level. This makes CHF-S architecturally distinct from almost all other stablecoins currently available on the market, which are built on Ethereum or older blockchain infrastructures.

"The global stablecoin market shows how significant the demand for digital forms of sovereign currencies already is. Until now, this market has been largely dominated by US dollar and euro solutions. With CHF-S, we are creating a fully Swiss-franc-backed stablecoin solution and addressing a clear gap in the market," said Bastien Thiébaud, co-founder and CEO of Safirum.

For the Swiss franc, there is currently no digital solution with a comparable regulatory framework and institutional focus. Yet the franc is one of the most stable and trusted currencies in the world – also because it has preserved its purchasing power significantly better over the past two decades than the US dollar and the euro.

"This stability is precisely what makes the Swiss franc particularly interesting for digital financial and payment systems. With CHF-S, we are bringing the qualities the Swiss franc stands for – stability, trust and value preservation – into a modern infrastructure. We see significant potential for applications where security, reliability and regulatory clarity are essential," said Thiébaud.

Safirum is supported by a network of specialised service providers. Maverix Securities acts as a strategic partner, bringing financial market expertise, institutional distribution capabilities and experience in structured and digital asset solutions. For the implementation of compliance requirements, Safirum works with specialised partners. The software of Sumsub is used for digital identity verification as well as KYC and AML processes. JayBee supports Safirum as a compliance partner in the ongoing fulfilment of regulatory requirements, while Lawside Rechtsanwälte advises Safirum on legal and regulatory matters.

Safirum is a Swiss fintech company specialising in digital currency infrastructure, based in Rotkreuz, Canton Zug. With CHF-S, Safirum is developing a digital form of the Swiss franc for primarily institutional applications. As a financial intermediary subject to the Swiss Anti-Money Laundering Act, Safirum is a member of VQF, a self-regulatory organisation officially recognised by FINMA. More information: www.safirum.com

This media release is provided for informational purposes only. It does not constitute an offer, recommendation, or solicitation to purchase, sell, or use any financial instruments or other products or services. Certain statements in this media release relate to future developments and expectations and are, by their nature, subject to risks and uncertainties. The final design and launch of CHF-S remain subject to change.