VNX Global Ltd. (VNX Global), DFX AG and the DFINITY Foundation have completed a technical integration that enables eligible users who already hold VCHF in their OISY Wallet to initiate supported payments through Open CryptoPay at participating retail locations in Switzerland.

For the first time, this integration supports VCHF, a Swiss-franc-denominated stablecoin issued by VNX Global, through Open CryptoPay, at 137 SPAR stores across Switzerland.

To pay, eligible users who hold VCHF in their OISY Wallet can scan an Open CryptoPay QR code at checkout, review and confirm the transaction in the wallet, and receive confirmation of the payment.

The integration adds a retail payment use case for VCHF at participating locations in Switzerland.

How the integration works

Open CryptoPay is an open payment standard that connects compatible wallets to merchant checkout systems through simple QR-code payment requests, with DFX AG powering the payment infrastructure behind the VCHF flow. VCHF payments are currently supported at participating SPAR stores in Switzerland that accept Open CryptoPay. Open CryptoPay already integrates with WooCommerce, and its architecture is designed to support additional merchant environments such as Shopify, subject to separate implementation, commercial arrangements and applicable legal and regulatory requirements.

Why it matters

The integration represents a practical step for the use of Swiss-franc-denominated digital assets in the Swiss economy. Eligible users who hold VCHF in their OISY Wallet can use it for supported purchases at participating retail locations, using a digital asset referenced to the currency commonly used in Switzerland. The integration therefore adds further choice in how eligible users may make digital-asset payments, while retaining the wallet-based and transferable characteristics of an onchain asset. Availability and use of the payment functionality are determined by the relevant third-party providers and remain subject to their applicable terms, eligibility criteria, jurisdictional restrictions and compliance checks.

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"By supporting VCHF through OISY Wallet and Open CryptoPay at participating Swiss retail locations, this integration adds a practical payment use case for VCHF in Switzerland. We are pleased to have developed the integration together with DFX AG and the DFINITY Foundation and will continue to assess further technical use cases, subject to applicable legal and regulatory requirements," said VNX Global.

"The best payment rail is the one nobody notices. With VCHF on Open CryptoPay, the customer pays in Swiss francs and the merchant is paid in Swiss francs and the blockchain simply does its work in the background." said DFX AG.

“OISY is a digital asset wallet built on tamperproof infrastructure, with a security model in which private keys are never held in one place. That removes the most common weak points of conventional wallets. Now that OISY is integrated with Open CryptoPay, eligible users who hold VCHF, the Swiss-franc stablecoin issued by VNX Global, can pay at participating SPAR stores in Switzerland by scanning an Open CryptoPay QR code and confirming the payment in their wallet,” said Pierre Samaties, Chief Business Officer at the DFINITY Foundation.

About VNX Global Ltd

VNX Global Ltd. is a Bermuda company holding a Class M digital asset business licence issued by the Bermuda Monetary Authority under the Digital Asset Business Act 2018. VNX Global Ltd. issues VCHF, a Swiss-franc-denominated stablecoin designed to maintain a one-to-one reference to CHF, subject to the applicable terms and conditions. VCHF is made available only in jurisdictions where permitted and subject to applicable terms, eligibility requirements and compliance checks.

About DFINITY Foundation

The DFINITY Foundation is a Swiss-based not-for-profit organisation dedicated to research in advanced cryptography and distributed systems. It created and continues to develop the Internet Computer, a sovereign cloud for the AI era.

About Internet Computer

The Internet Computer is a sovereign cloud for the AI era, created by an open network rather than a single provider. AI agents build apps on it, and those apps are tamperproof and resilient to cyberattacks and data center outages. Nations, businesses, and individuals can run applications on the Internet Computer, either on the public network or on their own cloud engines at opencloud.org.

About DFX AG

DFX AG is a Swiss-regulated, non-custodial crypto on- and off-ramp. Its infrastructure enables users and businesses to buy, sell and swap cryptocurrencies directly to self-custody wallets across multiple blockchains, subject to DFX AG's terms, eligibility requirements and jurisdictional restrictions.

About OISY Wallet

OISY is a sovereign wallet for digital wealth that opens in any web browser. It brings crypto, stablecoins, tokenized stocks and commodities, and collectibles together in a single balance across ten networks, including Bitcoin, Ethereum, Solana, the XRP Ledger, and the Internet Computer. Users sign in with their face or fingerprint and can trade, earn, and pay directly from the wallet, including at participating merchants through Open CryptoPay. Because OISY runs entirely on the Internet Computer, the wallet is tamperproof and always available, and no single company holds the keys to users' assets. Incubated at the DFINITY Foundation and released as open source, OISY is available at www.oisy.com.

Important information: This communication concerns a technical integration supporting the use of VCHF at participating retail locations in Switzerland and is directed to persons in Switzerland and other jurisdictions where the referenced activities may lawfully be promoted and made available. It is not directed at persons established or situated in the European Economic Area or in any jurisdiction where its distribution or the referenced activities would be unlawful. VCHF is issued by VNX Global Ltd. under the applicable Bermuda regulatory framework and is not solicited by VNX Global Ltd. to persons in the European Economic Area. Any acquisition, holding or use of VCHF and any use of third-party wallet or payment functionality are subject to the applicable terms, eligibility criteria, jurisdictional restrictions and compliance checks. References to third-party functionality do not confirm availability to any particular person. This communication does not constitute investment advice or a personal recommendation.