.jpg){kind=avatar}
Societe Generale-Forge is deploying its stablecoin, EUR CoinVertible (EURCV), on the Stellar blockchain, as it pursues a multichain strategy. The stablecoin is backed by Euros and issued on the Ethereum public blockchain. It’s also one of the first Euro stablecoins to fully comply with the EU’s Markets in Crypto-Assets (MiCA) regulations.
“Our upcoming integration with Stellar represents a pivotal moment in bridging traditional finance with the digital asset ecosystem,” said Guillaume Chatain, Chief Revenue Officer at SG-FORGE. “The Stellar’s approach and established connections with asset managers and TradFi institutions align perfectly with our mission to achieve broader adoption of stablecoins within the financial system.”
unknownx500
More posts by Sarah Wolter
Recent posts from News by FinTech Collective
