Solution introduction
CryptoFranc (XCHF) - the Swiss Franc Stablecoin
The CryptoFranc (XCHF) is a stablecoin bound to the Swiss Franc and classifies as a payment token in accordance with the FINMA ICO guidelines
How it works
The XCHF token is issued on the Ethereum blockchain and adheres to the ERC-20 standard. The smart contract is linked here. Further details can be inspected on Etherscan. For legal details, please refer to the token terms.
Code Audit
The smart contract of the XCHF token has been audited and analyzed with a variety of tools for automated security analysis of Ethereum smart contracts by Chain Security AG. The auditor found no critical issues and their recommendations have been successfully mitigated before deployment of the smart contract.
