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XRP Ledger Sees Société Générale Launch First Euro Stablecoin

SG-FORGE launches EUR CoinVertible on XRP Ledger to enhance compliant digital assets with improved transparency, security, and scalability, expanding Ripple ecosystem use cases.

Summary by Benzinga
Société Générale‘s SG-FORGE has become the first major European bank to deploy a euro stablecoin on XRPL as XRP (CRYPTO: XRP) retests breakout support at $1.41 with a $6 target in play. The Societe Generale Validation SG-FORGE deployed EUR CoinVertible on XRPL after previous launches on Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), reinforcing its commitment to offering compliant crypto assets. The integration leverages XRPL’s scalability, sp…

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u.today broke the news in on Wednesday, February 18, 2026.
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