Swiss Franc (CHF) Stablecoins: 6 Tracked, Ranked by Risk
6 tracked stablecoins pegged to the Swiss Franc. Compare peg stability, liquidity, risk, and leading symbols like ZCHF and CHFSAFO.
About Swiss Franc stablecoins
Swiss Franc stablecoins offer exposure to one of the world's most stable fiat currencies. Pegged to the CHF, these tokens appeal to users seeking a non-USD, low-volatility store of value on-chain. Pharos monitors their peg performance and market data. Pharos currently maps 6 tracked stablecoins in this currency bucket. Top tracked names include Frankencoin (ZCHF), Spiko Amundi Overnight Swap Fund (CHF) (CHFSAFO), and Mento Swiss Franc (CHFm). CHF pegs target users who want non-USD store-of-value exposure, but the cohort remains narrow enough that reserve transparency and exit liquidity should be checked coin by coin.
Swiss Franc risk review starts with crypto backing and cefi governance, the largest categories in this cohort. 3 tracked coins in the cohort can be directly frozen or denylisted.
| # | Name | Price | Peg | Market cap | 24h | 7d | Grade | Peg Score | Liq | Blacklist | Mint Score | Backing | Type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Swiss Franc stablecoins at a glance
Registry facts for all 6 tracked Swiss Franc stablecoins, in registry order. These are design facts, not live data; the live table above carries market and risk figures.
| Stablecoin | Backing | Governance | Freeze capability | Launched | Chains | MiCA status |
|---|---|---|---|---|---|---|
| Frankencoin (ZCHF) | Crypto-Collateralized | CeFi-Dependent | Possible | 2023 | 8 | Out of Scope |
| Spiko Amundi Overnight Swap Fund (CHF) (CHFSAFO) | Real-World Asset Backed | Centralized (CeFi) | Issuer can freeze | 2026 | 8 | Out of Scope |
| Mento Swiss Franc (CHFm) | Crypto-Collateralized | CeFi-Dependent | Possible | 2025 | 2 | Not reviewed |
| AllUnity CHF (CHFAU) | Real-World Asset Backed | Centralized (CeFi) | Issuer can freeze | 2026 | 6 | Authorized |
| VNX Swiss Franc (VCHF) | Real-World Asset Backed | Centralized (CeFi) | Issuer can freeze | 2022 | 12 | Non-Compliant |
| Hedera Swiss Franc (HCHF) | Crypto-Collateralized | Decentralized (DeFi) | None found | 2024 | 1 | Out of Scope |
How to use this directory
Treat the Swiss Franc cohort as a starting filter, then verify the live risk surfaces that move fastest: coverage, peg history, liquidity, reserves, and dependency exposure.
More stablecoin hubs
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