Safirum launches Swiss franc stablecoin CHF-S on Solana for identity-verified users

AI-assisted source summary · not independently verified. Content standards

Swiss fintech company Safirum has launched the Swiss franc stablecoin CHF-S on Solana for retail and institutional users. Users must complete identity verification before they can use it. Each CHF-S is backed 1:1 by an equivalent amount of Swiss francs, with reserves held in segregated accounts at Berner Kantonalbank (BEKB) and Banque Richelieu.