Anchored Coins AG, founded by Singaporean investor Calvin Cheng, officially launched its stablecoins ACHF (pegged to the Swiss Franc) and AEUR (pegged to the Euro).

DCS Card Centre (formerly Diners Club Singapore) partnered with Anchored Coins to accept ACHF and AEUR as a form of collateral for credit limits on its payment cards.

FINMA initiated bankruptcy proceedings against FlowBank SA, a banking partner of Anchored Coins, prompting a temporary halt on issuance and redemptions for the company's AEUR stablecoin.

Anchored Coins AG, founded by Singaporean investor Calvin Cheng, officially launched its stablecoins ACHF (pegged to the Swiss Franc) and AEUR (pegged to the Euro).

DCS Card Centre (formerly Diners Club Singapore) partnered with Anchored Coins to accept ACHF and AEUR as a form of collateral for credit limits on its payment cards.

FINMA initiated bankruptcy proceedings against FlowBank SA, a banking partner of Anchored Coins, prompting a temporary halt on issuance and redemptions for the company's AEUR stablecoin.