Fiat24 CHF CHF24

1. Summary

Ranks

Liquidity

-

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#29851)

Supply

/ 3.86M

Tags

Arbitrum Ecosystem

More Metrics

Price
All Time High (ATH) Date	2nd Feb 2025 (2 weeks ago)
All Time Low (ATL) Date	2nd Feb 2025 (2 weeks ago)

Supply & Trading Volume
Total Supply	3.86M

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Description

Fiat24 CHF Token (CHF24)

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Fiat24 CHF Token (CHF24)

Fiat24 Tokenised CHF is a tokenized cash deposit solution provided by Fiat24, a Swiss-regulated fintech company. The CHF24 token is an Ethereum ERC20 token representing the Swiss Franc (CHF) value stored in clients' accounts. It allows clients to manage their fiat currency in a decentralized manner, on the blockchain.

Fiat24 uses a multi-currency account approach, offering tokens denominated in various fiat currencies, including CHF, EUR, and USD. These tokens are solely used within Fiat24's tokenized payment system, which is designed to integrate the crypto and fiat finance ecosystems smoothly.

Key Features:

• Tokenized Cash Deposit: The CHF24 token represents a cash deposit stored in a client's Fiat24 account.
• Multi-Currency Support: Fiat24 offers tokens in different fiat currencies, such as CHF24, EUR24, and USD24.
• Blockchain-Based: The tokens are booked exclusively on the Arbitrum blockchain.
• Integration with Real-World Payments: By using these tokens, clients can access Fiat24’s services, including a co-branded Visa card, signifying the integration of tokenized deposits with real-world payment networks.
• Access Via NFT: Clients can access their e-banking portal and manage their fiat accounts directly from non-custodial crypto wallets, such as MetaMask, by holding a Fiat24 NFT (ERC721 non-fungible token).

Legal and Security Aspects:

• Regulation: Fiat24 operates under Swiss banking regulations and is supervised by the Swiss bank regulator.
• Security: Clients are responsible for the security of their own Fiat24 Account Token and Fiat24 Cash Tokens. The Fiat24 Web-App and Website do not provide safe storage for these assets.

This token is part of a broader ecosystem designed to bridge the gap between traditional fiat currency management and blockchain technology. The key benefits include the convenience of tokenized cash deposits, the security of blockchain, and the ease of integration with real-world payment networks.

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