SG-Forge launches EURCV on Stellar

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Société Générale Forge Selects Stellar for MiCA-Compliant Stablecoin Expansion - Crypto-News.net

Societe Generale-FORGE (SG-FORGE), a subsidiary of Societe Generale [a top commercial bank in France], has announced the expansion of its euro-backed stablecoin (EURCV) to the Stellar blockchain.  Notably, the move aims to enhance accessibility, speed, and efficiency for financial institutions and businesses leveraging digital assets. The decision aligns with the company’s multichain strategy, integrating the… The post Société Générale Forge Sel…

The Crypto Basic

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Top French Bank Launches MiCA-Compliant Stablecoin on Stellar Chain

SG-Forge, a subsidiary of top French commercial bank Société Générale, has launched its MiCA-compliant euro-pegged stablecoin on the Stellar blockchain.

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SG-FORGE Chooses the Stellar Network to Deploy its Stablecoin

General Society-FORGE (SG-FORGE ) announces the launch of its EUR CoinVertible (EURCV) stablecoin on the Stellar network. This development will provide users and businesses new opportunities to access a secure, transparent, and scalable euro stablecoin powered by the Stellar blockchain infrastructure. This move combines the assurance of the regulatory framework on crypto-asset markets (MiCA) with the robust infrastructure of the Stellar network,…

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On Thursday, Société Générale-FORGE (SG-FORGE) announced that it would deploy its EURCV stablecoin on Stellar (XLM). What are the reasons behind this choice? The EURCV stablecoin of SG-FORGE landed on Stellar (XLM) appeared first on Cryptoast.

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Societe Generale FORGE Expands EURCV Stablecoin to Stellar

Societe Generale FORGE (SG-FORGE) has announced plans to launch its MiCAR-compliant stablecoin, EURCV, on the Stellar blockchain. Initially introduced on Ethereum, this marks the first expansion of EURCV to another network, with future issuances also being considered for Solana and the XRP Ledger. The company highlighted that integrating with Stellar is a significant step towards connecting traditional finance with digital assets. According to S…

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Societe Generale-FORGE Launches EUR-Backed Stablecoin on Stellar

SG-FORGE Multi-Chain Strategy Takes Shape While several stablecoin issuers have received regulatory approvals in Europe, Societe Generale-FORGE (SG-FORGE) has chosen the Stellar blockchain network for its latest launch. On Feb. 20, the company announced the launch of its MiCA-compliant EUR-backed stablecoin, EURCV CoinVertible, on Stellar. Enabling Cross-Border Payments The new stablecoin will leverage Stellar’s scalable and low-cost network, ai…