Swiss National Bank Advocates for Tokenized Assets

Exploring innovative financial strategies, the Swiss National Bank prioritizes asset tokenization over CBDCs.
Swiss National Bank Advocates for Tokenized Assets

The Swiss National Bank (SNB) is championing asset tokenization as a strategic alternative to central bank digital currencies (CBDCs). SNB Chair Thomas Jordan revealed this shift during a Basel summit, highlighting tokenization as a means to maintain financial stability while enhancing transaction efficiency. Project Helvetia III exemplifies this approach by utilizing tokenized bonds and Swiss franc wholesale CBDCs in real-world settlements, positioning the SNB at the forefront of digital innovation in finance.

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