I just saw that Germany has launched a stablecoin pegged to the Swiss franc. It's interesting because the franc is literally the ultimate safe haven currency, so AllUnity's move makes sense in these times of volatility.

I mean, instead of tying to the dollar like everyone else, they go for the franc. We've seen this before, but it's rare to see it truly regulated. The idea is that if everything goes to hell, at least your stablecoin retains value in a more stable currency.

I don't know, what do you all think? Is it smart or just another stablecoin on the market? What caught my attention was that they did it from Germany, which isn't usually the first place you see these crypto moves.