XEROF

Indicative rate

USDC to CHF: sell USDC for Swiss francs at size

Live indicative USDC/CHF rate and how USDC is settled into Swiss francs on a bank account through XEROF Online, in your own name or to a third-party beneficiary.

USDC to CHF, indicative mid-market

0.8329 CHF

Bid
0.8328 CHF
Ask
0.8330 CHF

Indicative mid-market rate from tier 1 liquidity, updated 9:28:25 AM. Not a quote. You execute in XEROF Online at the live rate shown there at the moment you confirm, and the confirmation shows that rate, the fee and the net amount.

How USDC becomes Swiss francs on a bank account

  1. 1USDC (ERC-20) arrives in your segregated wallet at XEROF.
  2. 2You convert USDC to CHF in XEROF Online at the live rate.
  3. 3Same or next business day: Swiss francs reach the account over SWIFT.

CHF settlement: rails, timing and who uses it

Swiss francs are settled to your own account, typically at a Swiss bank, over SWIFT. The CHF rate follows USD/CHF, historically one of the lower-volatility pairs, which is why franc settlement is a common choice for treasuries that want to hold proceeds in a stable currency without leaving Switzerland.

Swiss and Liechtenstein companies, private clients resident in Switzerland, and international holders who bank in francs.

Settlement currency
CHF, the Swiss franc
Central bank
Swiss National Bank
Rails
SWIFT to a Swiss or Liechtenstein bank
Per-payment ceiling
No scheme limit
Timing
Same or next business day
Third-party payouts
No: francs settle to your own account; third parties in Switzerland are paid in euros

USDC is the dollar stablecoin most corporate treasuries and payment platforms issue and receive, and it is native to Ethereum, so most balances are already on the network XEROF accepts. Conversions of USDC and USDT are priced the same way, from tier 1 liquidity at cost.

USDC/CHF follows USD/CHF and is the pair Swiss treasuries and family offices use to bring USDC held for dollar exposure back into francs on their own Swiss bank account. A Liechtenstein account is reached the same way over SWIFT.

CHF rails compared
RailCeiling per paymentTimingAccount
SWIFT to a Swiss bankNo scheme limitSame or next business dayYour own account, at a Swiss or Liechtenstein bank
SEPA in eurosEUR 100,000 instantSecondsThird parties in Switzerland, paid in euros, not francs
USDC: Issuer
Circle
USDC: First issued
2018, native to Ethereum as an ERC-20 token
USDC: Network accepted by XEROF
Ethereum (ERC-20) only; Solana, Base, Arbitrum and other USDC networks are not credited
USDC: Reserve reporting
Monthly reserve reports published by the issuer
USDC: Where it is used
The stablecoin most corporate treasuries, payment platforms and US and European institutions issue and receive

Common questions

Can a third party be paid in Swiss francs?
Franc settlement is to your own account. Third-party payouts inside Switzerland are made in euros over SEPA; see the Switzerland corridor page.
Is USDC treated differently from USDT?
No. Both convert in XEROF Online at the live rate from tier 1 liquidity with the same fee schedule. USDC must also arrive on Ethereum (ERC-20).
Is the USDC/CHF rate on this page the rate I will get?
No. It is the indicative mid-market rate from our liquidity venue, refreshed every 30 seconds. The rate you execute at is the live rate in XEROF Online at the moment you confirm, and the confirmation shows it with the fee.
Can the Swiss francs go to someone else's account?
Yes. A third-party payout carries an additional 0.25% for beneficiary screening. For francs the payout is to your own account; third parties in Switzerland are paid in euros.

Third-party payouts in CHF: corridor page.

Other USDC and CHF pages

Open a XEROF account to settle USDC into Swiss francs.

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