Swiss Banks and Stablecoins

With Martin K. Hess

17 June 2026

Ian Simpson | 2 min read

The intersection of crypto and tokenization – and the crossover from crypto finance and traditional finance – is nowhere more clear than with the rise of stablecoins. While a handful of USD-backed coins have dominated until now, the landscape, with MiCA regulations and institutional appetite, is now changing.

Except in Switzerland…

To better understand how banks view stablecoins, what they still struggle with and where the Swiss banking industry is quietly working to innovate, RULEMATCH Spot On host Ian Simpson sat down with Martin K. Hess, Chief Economist of the Swiss Bankers Association.

 

 

 

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