Sygnum: Institutional clients are no longer betting on a single stablecoin and are demanding a unified platform for multi-tool interoperability
Thomas Eichenberger, Chief Strategy Officer of Swiss digital asset bank Sygnum, stated on Thursday that institutional clients are no longer waiting for a single stablecoin to prevail, but are instead demanding the integration of tokenized deposits, regulated stablecoins, and tokenized money market funds within the same infrastructure to achieve interoperability, allowing treasury departments to flexibly switch between permitted settlement, 24/7 cross-border flows, and on-demand liquidity yields.
Sygnum has already launched a Swiss franc stablecoin testing project this year in collaboration with Swiss banking institutions such as UBS, PostFinance, Raiffeisen, and Zürcher Kantonalbank. At the infrastructure level, Eichenberger pointed out that most institutional discussions still default to using private chains, but actual operators are leaning towards a "public but permissioned" model, which combines public infrastructure with regulated access control.
In addition, the Qivalis alliance, composed of 37 major banks from the European Union, plans to launch a digital euro by the end of this year, with the banking industry's autonomous push directly challenging European Central Bank President Lagarde's stance on central bank-led digital currencies.
You may also like
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.



