TechFlow reported on February 21, according to Cryptoslate, that SG-FORGE, a subsidiary of French bank Société Générale, announced the deployment of its euro-backed stablecoin EUR CoinVertible (EURCV) onto the Stellar network.
Notably, EURCV is among the first stablecoins fully compliant with the European Union's MiCA regulation. This expansion marks the bank's latest move in the blockchain space, following previous initiatives such as issuing green bonds on public blockchains and conducting repo transactions in collaboration with the Bank of France.
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