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Bank-issued stablecoin used for e-commerce payment

Danish digital currency platform provider Coinify enabled payments of the Sygnum Bank issued stablecoin (DCHF) on a Swiss online retailer. The stablecoin is pegged 1:1 to the Swiss Franc and the payment is the first of its kind.

Mark Højgaard, CEO, Coinify, says: "With the DCHF and other digital currencies, the future of money is going back to its roots; exchanged between two parties, instantly and simply. This speaks volumes about the potential of trusted, price-stable digital currencies in the e-commerce space."

Tags

payments, stablecoin, ecommerce, europe