VNX Swiss Franc · VCHF

Almost three centuries of Swiss reliability,
now on‑chain.

A regulated stablecoin fully backed 1:1 by Swiss francs — the world's most trusted store of value.

01 · WHY SWISS FRANC

Four reasons treasuries hold CHF and so should you.

A Inflation, 2015 → 2024

Less than half the inflation of the US dollar.

Over the last decade cumulative Swiss CPI rose roughly 5%. The US dollar lost ~33% of purchasing power over the same period. Holding CHF has been a quiet form of yield.

B Long-run value
3.2× more USD per CHF since 1970

In 1970 one Swiss franc was worth about $0.23. Today it is worth more than $1.10. No major currency has appreciated more consistently against the dollar.

C Banking heritage
250+ years of Swiss banking

The first Swiss bank was chartered in 1520. Neutrality, strong property rights and disciplined monetary policy have compounded ever since — an institutional moat that no protocol can replicate.

D Global reserves
5th most-held reserve currency

Central banks hold more CHF than AUD, CAD or CNY. Together with USD, EUR, JPY and GBP, the franc is one of only five currencies the IMF tracks by name in official reserves (COFER).

04 · GET STARTED

From onboarding to your first VCHF in minutes.

  1. 01

    Open an account

    Institutional onboarding with KYB, UBO checks and sanctions screening. Typically 1–3 business days.

  2. 02

    Fund in CHF

    Send a transfer in Swiss francs to your segregated reserve account. VCHF is minted 1:1 to the wallet of your choice.

  3. 03

    Redeem anytime

    Return VCHF to the contract address to burn tokens and receive CHF back at your bank.