CryptoFranc (XCHF) is an ERC-20 stablecoin issued by Swiss Crypto Tokens AG, representing a Swiss Franc denominated bond. All XCHF are fully backed by physical CHF bank notes which are audited by Grant Thornton Bank Audit Ltd on a monthly basis. Currently, 12’030’000 XCHF tokens are in circulation.
Cashbery Coin ecosystem provides decentralized currency for the end users and the option of drawing new participants into business operations and loyalty schemes for businesspersons due to the Cashbery Coin transparency, safety, and usability. Distributed registry implementation with all data synchronized with the whole network, almost completely reduces fraud cases, double сharges, chargeback, and unauthorized transactions.