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The EUR CoinVertible stablecoin, conceived by Société Générale, is designed to be fully backed by euros.
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Jean-Marc Stenger, the CEO of SocGen Forge, the bank’s digital assets unit, anticipates a substantial demand for a stablecoin aligned with the Euro.
In a groundbreaking move, a leading bank in France is venturing into the realm of cryptocurrency trading. The institution is set to become the first major bank to launch its stablecoin on the Luxembourg-based cryptocurrency exchange Bitstamp. This marks a historic intersection between traditional banking and the rapidly evolving world of digital assets.
The EUR CoinVertible stablecoin, conceived by Société Générale, is designed to be fully backed by euros. This departure from the norm, where stablecoins are predominantly denominated in US dollars, reflects the bank’s strategic vision to offer a Euro-centric alternative in a market historically dominated by the greenback.
Jean-Marc Stenge
We współpracy z: https://www.thecoinrepublic.com/2023/12/06/societe-generale-forges-ahead-with-stablecoin-launch-on-bitstamp/
