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Home»ALTCOIN NEWS»Ether Leeum and Solana Block Chain to launch Stablecoin Societe Generale
ALTCOIN NEWS

Ether Leeum and Solana Block Chain to launch Stablecoin Societe Generale

By Crypto FlexsJune 11, 20252 Mins Read
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Ether Leeum and Solana Block Chain to launch Stablecoin Societe Generale
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Crypto Arm of the French Banking Giant Societe Generale is launching the US Dollar Stabble Recoin in Ethereum (ETH) and Solana (SOL) blockchains.

In a new announcement, Society General-Forge announced that it will launch the second Stablecoin (USD CoinverTible (USDCV) since the launch of EUR Coinvertible (EURCV) in 2023.

Jean-Marc Stenger, the CEO of Societe General-Forge.

“The launch of the US Dollar version of USDCV after the launch of UR Stablecoin EURCV was the next step of Societe Generale-Forge as Scablecoins’ market adoption increased exponentially.

Most of the Stablecoin market remains US dollars. Through this new currency, one of the institutions, companies, or retail investors can take advantage of institutional stabilization devices. ”

The French bank said, “BNY) said,“ It will be a preliminary manager and enables smooth integration between traditional financial ecosystems and digital financial ecosystems. ”

The bank says that Stablecoins has several use cases for customers, including encryption transactions, border payment, chain settlement, foreign exchange transactions and cash management.

The launch of USDCV is expected to begin next month. Stablecoins are listed in multiple encryption exchange.

At present, people in the United States are not stable.

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Created image: Midjourney

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