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Rank #37JCHFFiat-Backed
JCHF
Pegged to
CHF
Market Cap
$10.00M
24h Volume
$300.0K
Circulating Supply
10.00M JCHF
Total Supply
10.00M JCHF
Peg Target
CHF
Collateral Type
Fiat-Backed
Issuer
Jarvis Network
Launch Date
01-03-2021
About JCHF
JCHF is a Swiss Franc (CHF)-pegged stablecoin from Jarvis Network, part of their jFIAT suite of forex stablecoins. Jarvis Network creates synthetic fiat currencies using USDC as backing collateral and Chainlink oracles for price feeds. Users can mint JCHF by depositing USDC and the protocol handles the forex conversion. The jFIAT suite includes multiple forex pairs including jEUR, jGBP, jCHF, and others, enabling on-chain forex trading and DeFi access in non-USD currencies.
Pros
- Exposure to Swiss Franc stability
- Part of multi-currency forex suite
- Chainlink oracle reliability
- Multi-chain availability
Cons
- Synthetic — not directly CHF-backed
- Very low liquidity
- Dependent on USDC backing
- Minimal exchange support
Key Features
CHF 1:1 peg via USDC backing
Chainlink oracle price feeds
Part of jFIAT forex suite
Multi-chain deployment
On-chain forex conversion
USDC-collateralised synthetic design
Stablecoin Information
Category
Non-USD FiatCollateral Type
Fiat-BackedIssuer
Jarvis Network