SocGen's FORGE expands euro stablecoin to XRP Ledger in multi-chain push

• Societe Generale’s SG‑FORGE launches EUR CoinVertible on the XRP Ledger. • The stablecoin now operates on Ethereum, Solana, and XRP Ledger. • Ripple’s custody infrastructure backs the XRP Ledger deployment. • EUR CoinVertible can serve as trading collateral in Ripple products. • The token is MiCA‑compliant and backed 1:1 by bank cash or securities. • About 70.5 million tokens are in circulation, expanding institutional access.

Sources:

• https://cointelegraph.com/news/societe-generale-forge-expands-euro-stablecoin-to-xrp-ledger-in-multi-chain-push?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound