Lumen Loop
All news
Articlewww.ledgerinsights.comLedger Insights1y ago

SocGen FORGE to expand stablecoin to Stellar blockchain

Societe Generale FORGE plans to launch its MiCAR-compliant EURCV stablecoin on Stellar, joining Ethereum, Solana, and XRP Ledger. The move bridges traditional finance with digital assets through Stellar's established TradFi connections.

StablecoinsPartnershipsFinance
Lumen Loop's take

Societe Generale FORGE announced plans to introduce EURCV, its MiCAR-compliant euro stablecoin, to the Stellar blockchain. EURCV currently operates on Ethereum and is expanding to Solana and XRP Ledger. SG-FORGE's Chief Revenue Officer Guillaume Chatain stated the Stellar integration represents a pivotal moment in connecting traditional finance with digital assets, citing Stellar's approach and established relationships with asset managers and financial institutions as key drivers for broader stablecoin adoption within the financial system.