MiCA-compliant EURCV SG-FORGE expands to Stellar for cross-border payments and DeFi integration.
SG-FORGE Expands Multi-Chain Strategy with Stellar
Societe Generale-FORGE, a licensed investment firm under Societe Generale Group, has launched its MiCA-compliant euro-backed stablecoin, EURCV, on the Stellar blockchain. The move strengthens Stellar’s role in cross-border payments and decentralized finance (DeFi).
Boosting Institutional Adoption and Asset Tokenization
SG-FORGE aims to bridge traditional finance and digital assets by leveraging Stellar’s fast and cost-effective network. The stablecoin’s adoption will expand across financial institutions and asset managers, further enhancing XLM’s utility in DeFi.
“Our upcoming integration with Stellar represents a pivotal moment in bridging traditional finance with the digital asset ecosystem. Stellar’s approach and established connections with asset managers and TradFi institutions align perfectly with our mission to achieve broader adoption of stablecoins within the financial system.”
– Guillaume Chatain, Chief Revenue Officer at SG-FORGE
Future Expansion to XRP Ledger
Having debuted EURCV on Ethereum in 2023, SG-FORGE plans to integrate the stablecoin with the XRP Ledger in 2025, reinforcing its multi-chain strategy.
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