🚀 SG-FORGE, a digital assets arm of Societe Generale, is expanding its euro stablecoin, EUR CoinVertible (EURCV), to the XRP Ledger (XRPL) next year, after its debut on Ethereum in 2023.
- This move is part of a multichain strategy, aiming to leverage XRPL's fast, low-cost transactions and cross-border payment capabilities.
- EURCV, initially launched to compete with Circle and Tether, saw limited traction on Ethereum.
- Plans to deploy on Solana were also announced, seeking better network performance.
What do you think about stablecoins on multiple blockchains? Share your thoughts below! 💬