Société Générale's subsidiary expands the euro stablecoin EURCV to the Stellar network

ChainCatcher news, according to Cryptoslate, Société Générale's subsidiary SG-FORGE announced the deployment of its euro-backed stablecoin EUR CoinVertible (EURCV) to the Stellar network.

It is noteworthy that EURCV is one of the first stablecoins fully compliant with the EU's MiCA regulation. This expansion is the latest move by the bank in the blockchain space, following its issuance of green bonds on a public blockchain and its collaboration with the French central bank on repurchase transactions.