PANews reported on September 20 that according to CoinDesk, SG Forge, a subsidiary of French financial services company Societe Generale (Societe Generale), announced that it would 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 said that Solana's high speed and low cost will unlock new possibilities for retail and institutional users in the field of decentralized finance (DeFi).