ZCHF Frankencoin stablecoin logo

Introducing the ZCHF Swiss Franc stablecoin

Today we welcome back a Swiss Franc stablecoin in our service! You can now buy ZCHF with us, swap it for our other cryptocurrencies and cash it out on your bank account.

Clock icon3 minutes|Yann Gerardi|Published 2025-07-16

Today we are particularly happy to welcome back a Swiss Franc stablecoin in our service!

You can now buy ZCHF on Ethereum, swap it for our other supported cryptocurrencies, and cash it out back in fiat on your bank account.

Buy ZCHFRight angle white iconSwap ZCHFRight angle white iconSell ZCHFRight angle white icon

What is the ZCHF?

The Frankencoin (ZCHF) is a decentralized stablecoin that follows the price of the Swiss Franc. It is backed by a transparent and over-collateralized reserve (~200%) of crypto-assets, mainly constituted of various wrapped Bitcoin and Ether tokens, which can be monitored here.

Live since 2023, it is developed by the Frankencoin Association, which is based in Switzerland.

What can you do with the ZCHF?

Pay

Our vision is to promote life in self-custody and make it as convenient as possible, and being Swiss it means of course being able to stay on chain in our reference currency, which is the Swiss Franc.

This is now possible with the ZCHF, which you can use via our invoice payment service to pay your daily life's fiat bills (rent, insurances, etc.) using ZCHF, including Swiss QR-bills.

Soon, you will also be able to receive a Swiss personal IBAN linked to your ZCHF wallet, which anyone will be able to use to send you bank transfers in CHF (which you will receive in ZCHF), and that you will be able to use to send bank transfers to anyone using ZCHF from your wallet.

Make sure to follow us on social media and subscribe to our newsletter to be the first informed when personal IBANs will be available!

Earn

When is the last time that you earned an actual interest rate on your CHF deposit at the bank?

With the ZCHF, you can earn 3% on your Swiss Francs by depositing them in the Frankencoin Savings Module.

This yield comes from the interest paid by borrowers who mint ZCHF against a crypto collateral. When users lock collateral to create ZCHF, they pay interest and fees into the system. A part of these revenues are distributed to savers who deposit their ZCHF into the savings module, effectively earning you a return funded by the borrowing activity and liquidation proceeds within the protocol.

Borrow

Inversely, you can borrow ZCHF by depositing various crypto-assets as collateral in the Frankencoin Mint Module, against a fixed interest rate and a flexible duration.


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About the author

Yann Gerardi

Yann is the head of marketing of Mt Pelerin. He fell down the rabbit hole of crypto at the end of 2017, when he joined the assembling team that would give birth to Mt Pelerin.

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