France’s 3rd-largest bank, Société Générale, launches euro-pegged stablecoin

France’s 3rd-largest bank, Société Générale, launches euro-pegged stablecoin

The EUR CoinVertible (EURCV) stablecoin will debut on the Luxembourg-based Bitstamp crypto exchange, the Financial Times reported.

 

EURCV will be fully backed by the euro, allowing bank customers to participate in the digital asset market.

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