| Mobile Web

Search results for EUR

Crypto

Europe stablecoins ride MiCA as Evernodes flags XRP Ledger adoption

Regulated banks are using public blockchains, including XRP Ledger, as digital-asset infrastructure, with the next 18 months hinging on which chains and regulatory frameworks support broader adoption, an analysis showed. Evernodes cited Societe Generale’s euro-pegged stablecoin EUR CoinVertible, issued by its unit SG-Forge and running on several blockchains. It said the EU’s Markets in Crypto-Assets regulation provides clearer standards and could underpin a gradual buildout.

Finance

Shinhan Bank runs 100 percent exchange rate discount event for receiving trade remittances

Shinhan Bank said on Sunday it is running an event from April 20 offering a 100 percent exchange rate discount to small and medium-sized companies and sole proprietor customers when they receive trade remittances. The bank said the program is aimed at easing financial burdens and improving convenience for customers newly starting trade transactions or with no recent foreign exchange remittance history at Shinhan Bank. The event runs through Oct. 19 and applies to 23 currencies.

Crypto

SG-FORGE deploys EURCV stablecoin on Stellar blockchain

Societe Generale\'s crypto unit SG-FORGE has deployed its euro-based stablecoin EUR CoinVertible (EURCV) on the Stellar blockchain, Cointelegraph reported on March 10. EURCV is a MiCA-compliant euro token intended for blockchain-based financial applications and asset services. SG-FORGE highlighted Stellar\'s throughput, low fees and support for tokenised assets, and said on-chain trading is possible via Stellar\'s decentralised exchange.