Fiat24 Digital Fiat Tokens (EUR24, CHF24, USD24, CNH24)

Fiat24 issues a suite of fiat-pegged ERC-20 tokens on the Arbitrum blockchain, representing real-world currency balances held within its FINMA-regulated Swiss infrastructure. These digital fiat tokens—EUR24, CHF24, USD24, and CNH24—function as regulated stablecoins backed by actual fiat currency deposits, combining on-chain composability with Swiss regulatory compliance under Banking Act Article 1b.

Product Overview

Each token is pegged 1:1 to its underlying fiat currency and backed by deposits held within Fiat24's regulated account infrastructure. Token minting occurs when users fund accounts via crypto top-up or bank transfer, and tokens are burned upon fiat withdrawal, maintaining a fully reserved, non-fractional backing model. All minting, burning, and transfer activity is visible on the Arbitrum blockchain, providing transparent audit trails consistent with Swiss regulatory requirements.

Token Suite

• EUR24: Euro-pegged ERC-20 token on Arbitrum
• CHF24: Swiss franc-pegged ERC-20 token on Arbitrum
• USD24: US dollar-pegged ERC-20 token on Arbitrum
• CNH24: Chinese renminbi (offshore)-pegged ERC-20 token on Arbitrum

Key Features

• Fully reserved 1:1 fiat backing with no fractional issuance
• On-chain transparency via Arbitrum with full transaction audit trail
• Permissionless smart contract access for developers and DApps
• Multi-currency support (EUR, CHF, USD, CNH) in a single on-chain ecosystem
• Integrated with SEPA, SIC/euroSIC, and SWIFT for fiat issuance and redemption

Use Cases

Third-party wallet providers and DApp developers integrating via the Fiat24 Web3 Payment Infrastructure API can interact with these currency tokens via permissionless smart contracts on Arbitrum. Business accounts—accessible via NFT on Arbitrum—hold multi-currency balances in token form, enabling on-chain transfer, programmable payment logic, and DeFi treasury management on top of regulated digital fiat infrastructure.