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Interesting move coming from Germany: a company called AllUnity is launching a stablecoin based on the Swiss Franc. That is, a token backed by CHF that will be traded regularly.
While crypto startups in Germany are taking such steps, stablecoins tied to fiat currencies still remain important. Especially in Europe, due to the strict regulatory framework, such projects are taken more seriously.
Germany's move in this direction indicates that blockchain activity in the region is accelerating. Are you also following such news?