XRP Ledger Integrates Euro Stablecoin

Société Générale Launches Euro Stablecoin on XRP Ledger

• Société Générale has deployed its euro-denominated stablecoin, EUR CoinVertible, on the XRP Ledger.
• This marks the third network integration for the stablecoin, following previous launches on Ethereum and Solana.
• EUR CoinVertible is fully backed by euro cash deposits or high-quality securities and complies with the EU’s Markets in Crypto-Assets framework.
• The stablecoin had approximately €65.8 million in circulation, making it the third-largest euro stablecoin by market value.
• SG-FORGE aims to offer compliant crypto assets focusing on transparency, security, and scalability across multiple networks.

Société Générale’s deployment of EUR CoinVertible on the XRP Ledger enhances its digital asset solutions portfolio, reinforcing its commitment to providing compliant and scalable crypto products. The stablecoin is now available across three major networks: Ethereum, Solana, and XRP Ledger.