Société Générale May Expand Stablecoin Offerings with New USDCV on Ethereum and Solana
The post Société Générale May Expand Stablecoin Offerings with New USDCV on Ethereum and Solana appeared on BitcoinEthereumNews.com. Société Générale-Forge has unveiled USD CoinVertible (USDCV), a new US dollar-pegged stablecoin operating on Ethereum and Solana blockchains, enhancing 24/7 fiat-to-stablecoin conversions. Backed by reserve assets safeguarded by BNY, USDCV aims to provide institutional and retail users with a reliable and compliant digital dollar solution for trading, cross-border payments, and on-chain settlements. Jean-Marc Stenger, CEO of Société Générale-Forge, emphasized that launching USDCV follows the successful introduction of the MiCA-compliant EUR CoinVertible (EURCV), marking a strategic expansion into multi-currency stablecoins. Société Générale-Forge launches USDCV stablecoin on Ethereum and Solana, backed by BNY reserves, to support seamless digital dollar transactions and global market adoption. ‘, ‘
The post Société Générale May Expand Stablecoin Offerings with New USDCV on Ethereum and Solana appeared on BitcoinEthereumNews.com.
Société Générale-Forge has unveiled USD CoinVertible (USDCV), a new US dollar-pegged stablecoin operating on Ethereum and Solana blockchains, enhancing 24/7 fiat-to-stablecoin conversions. Backed by reserve assets safeguarded by BNY, USDCV aims to provide institutional and retail users with a reliable and compliant digital dollar solution for trading, cross-border payments, and on-chain settlements. Jean-Marc Stenger, CEO of Société Générale-Forge, emphasized that launching USDCV follows the successful introduction of the MiCA-compliant EUR CoinVertible (EURCV), marking a strategic expansion into multi-currency stablecoins. Société Générale-Forge launches USDCV stablecoin on Ethereum and Solana, backed by BNY reserves, to support seamless digital dollar transactions and global market adoption. ‘, ‘
What's Your Reaction?
