The team behind ZCHF, a Swiss franc-backed stablecoin issued by the Frankencoin project, said it has deployed the token on seven additional blockchains—Base, Arbitrum, Gnosis, Optimism, Polygon, Avalanche and Sonic Labs—broadening its reach beyond the Ethereum network where it was first launched. Developers said the multichain rollout is intended to deepen liquidity and facilitate cheaper, faster transfers of the Swiss franc–pegged asset across decentralised finance applications. The move follows a broader industry push to make stablecoins natively available on multiple chains rather than relying on wrapped versions.
Swiss Franc stablecoins anyone? Live now @frankencoinzchf $ZCHF https://t.co/XAbGpomMiY
Live in about 15 min! $ZCHF has gone multichain @frankencoinzchf https://t.co/j2w8kFlSOg
Where do you prefer having your Swiss Franc stablecoins? $ZCHF now available on: @base @arbitrum @gnosischain @Optimism @0xPolygon @avax @SonicLabs And @ethereum of course! Join @Luzius and @jonk93 from @frankencoinzchf to learn about the move! https://t.co/MqjcwkOSMx