SG Forge announces deployment of its Euro stablecoin EURCV to Solana blockchain

PANews reported on September 20 that SG Forge, a subsidiary of the French financial services company Societe Generale (Societe Generale), announced that it will deploy its euro stablecoin EUR CoinVertible (EURCV) to the Solana blockchain. Previously, EURCV was launched on Ethereum last year, but the market response was poor, with only 28 holders and 154 transactions. SG Forge stated that Solana's high speed and low cost will unlock new possibilities for retail and institutional users in the decentralized finance (DeFi) field.

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