French Banking Giant Société Générale Launches Euro Stablecoin On XRP Ledger

One of France’s largest banking institutions, Société Générale, is launching a euro-denominated stablecoin, EUR Coinvertible, on the XRP Ledger (XRPL) through its digital asset subsidiary, SG FORGE. It is the first time a major European banking institution has selected XRPL as the primary blockchain for a regulated stablecoin deployment. SG-FORGE, which previously launched the EUR CoinVertible (EURCV) stablecoin on Ethereum in 2023, is now expanding to XRPL. Cassie Craddock, Managing Director, UK & Eur ...