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SG-Forge CEO stated that the EUR CoinVertible smart contract was audited by the professional services network PwC before launch. Societe Generale-Forge (SG-Forge), a regulated subsidiary of the French banking firm Societe Generale, on April 20 announced the launch of EUR CoinVertible, a euro-pegged stablecoin. The Ethereum-based stablecoin will trade under the
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Societe Generale, a major French banking and financial services firm, is launching an Ethereum-based stablecoin through its dedicated digital asset arm.Societe Generale-Forge (SG-Forge) announced the launch of EUR CoinVertible, the euro-pegged stablecoin targeting institutional clients, on April 20.The EUR CoinVertible stablecoin will be traded under the ticker symbol EURCV. The
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While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from January 2022 to today, euro stablecoin
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