Answers · Market overview
Which Swiss franc (CHF) stablecoins exist?
Short answer
4 Swiss franc stablecoins in our data, together about $56M in circulation: ZCHF, VCHF, CHFM, HCHF. All are tiny next to the dollar coins; check each issuer’s licence and reserve report before using one.
Stablecoins outside the US dollar are small, but they are how a Swiss franc holder pays or settles on-chain without a currency conversion. These are the CHF coins we found, with their size as published or read on chain.
Figures from our live dataset · data as of 2026-10-18 · not investment advice
Side by side
| ZCHF | VCHF | CHFM | HCHF | |
|---|---|---|---|---|
| Liquidity | Traded on public markets — venues not verified | Traded on public markets — venues not verified | Traded on public markets — venues not verified | Traded on public markets — venues not verified |
| KYC to mint with the issuer | Not stated | Not stated | Not stated | Not stated |
| KYC to buy on a market | Not stated | Not stated | Not stated | Not stated |
| KYC to redeem | Not stated | Not stated | Not stated | Not stated |
| Assets under management | $52,764,931 circulating | $3,128,037 circulating | $108,976 circulating | $70,346 circulating |
| Jurisdiction | Switzerland | Switzerland | Switzerland | Switzerland |
More questions
Which of them can I buy without KYC?
None of them is stated as buyable without KYC.
Which is the largest?
By size, ZCHF at $53M, followed by VCHF at $3M and CHFM at $108,976. Size is not safety, but a larger product usually means a deeper market to sell into.