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Switzerland’s Sygnum With Coinify and Galaxus Carry Out First E-commerce Payment via DCHF Stablecoin

Switzerland's crypto-friendly bank Sygnum, with Coinify and Galaxus, achieved an e-commerce transaction utilizing Sygnum's stablecoin.<br>

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Switzerland’s Sygnum With Coinify and Galaxus Carry Out First E-commerce Payment via DCHF Stablecoin

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  1. Switzerland’s Sygnum with Coinify and Galaxus carry out First E-commerce payment via DCHF Stablecoin Switzerland's crypto-friendly bank Sygnum, with Coinify and Galaxus, achieved an e-commerce transaction utilizing Sygnum's stablecoin. Switzerland’s crypto-friendly bank cryptocurrency platform Coinify and Galaxus, achieved an e-commerce transaction utilizing Sygnum’s stablecoin. transaction’s news through a ​press release on August 27, 2020. According to the post, the e-commerce transaction was a world-first with the bank’s stablecoin called Digital Swiss Franc (DCHF). Moreover, the Sygnum Digital Swiss Franc’s value is a stablecoin from Sygnum Bank, whose value is pegged to the Swiss Franc. https://twitter.com/sygnumofficial/status/1298875366686294016 “With the DCHF and other digital currencies, the future of money is going back to its roots; exchanged between two parties, instantly and simply,” says Mark Højgaard, CEO of Coinify. “This speaks volumes about the potential of trusted, price-stable digital currencies in the e-commerce space.” Stablecoins like the Sygnum Digital Swiss Franc does not require any obligation from the intermediaries. This indicates transactions occur in real-time, and transaction costs are more economical for retailers. Additionally, this also develops an immediate link between customers and retailers. Thus, it doesn’t require the various processes traditionally needed to approve and facilitate payments. “Galaxus strengthened its position as an e-commerce pioneer by accepting digital currencies as a means of payment in early 2019,” comments Sygnum, in association declared with Sygnum the

  2. Thomas Switzerland and Liechtenstein to make payments on our online store with stable digital currencies like the convenience.” With Sygnum’s E-commerce Payment, Companies Prefer the use of Cryptocurrencies as a Payment Option. Read More: https://cryptodose.co/switzerlands-sygnum-with-coinfy-and-galaxus-carry-o ut-first-e-commerce-payment-via-dchf-stablecoin/ Fugmann, CFO of Galaxus. “Enabling our customers enhances in DCHF further their

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