{"id":137755,"date":"2024-09-23T15:38:47","date_gmt":"2024-09-23T12:38:47","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137755"},"modified":"2024-09-23T15:38:59","modified_gmt":"2024-09-23T12:38:59","slug":"societe-generale-launches-new-euro-pegged-stablecoin-on-solana","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/societe-generale-launches-new-euro-pegged-stablecoin-on-solana\/","title":{"rendered":"Soci\u00e9t\u00e9 G\u00e9n\u00e9rale Launches New Euro-Pegged Stablecoin on Solana"},"content":{"rendered":"<p>Initially introduced on <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong> last year, EURCV is designed as a regulated alternative to popular dollar-pegged stablecoins like those from Tether and Circle.<\/p>\n<p>Despite its regulatory framework, EURCV has faced challenges in attracting users, with only 28 holders and a mere 154 transactions, as noted on Etherscan.<\/p>\n<p>The move to <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana<\/a><\/strong> is seen as a way to test demand for euro-pegged stablecoins on a more efficient network, which SG Forge believes could provide significant advantages.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/ethereum-poised-for-recovery-against-bitcoin-analyst-says\/\" title=\"Ethereum Poised for Recovery Against Bitcoin, Analyst Says\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-and-ethereum-2-3-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ethereum Poised for Recovery Against Bitcoin, Analyst Says<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>CEO Jean-Marc Stenger <strong><a href=\"https:\/\/www.sgforge.com\/societe-generale-forge-solana-network\/\" target=\"_blank\">emphasized<\/a><\/strong> that Solana&#8217;s speed could create new opportunities for both retail and institutional participants in the decentralized finance (DeFi) sector.<\/p>\n<p>A recent report from Bernstein highlights the growing importance of stablecoins in the global financial landscape, as companies aim to replicate the success of major players like Circle and Tether, which benefit from the government securities backing their assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SG Forge, part of Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, revealed on Friday its plans to launch the EUR CoinVertible (EURCV), a euro-pegged stablecoin, on the Solana blockchain.<\/p>\n","protected":false},"author":7,"featured_media":36724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-137755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Soci\u00e9t\u00e9 G\u00e9n\u00e9rale Launches New Euro-Pegged Stablecoin on Solana<\/title>\n<meta name=\"description\" content=\"SG Forge, part of Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, revealed on Friday its plans to launch the EUR CoinVertible (EURCV), a euro-pegged stablecoin...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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