Search results for EUR CoinVertible
Crypto
Ripple shifts RLUSD supply focus to XRP Ledger, overtakes Ethereum
Stablecoin transfers on the XRP Ledger rose 10.8 percent over the past 30 days to $4.28 billion, as RLUSD increased its dominance on the network. Total stablecoin market capitalisation on the XRP Ledger climbed 12.27 percent to $926.11 million, with RLUSD at $872 million, or 94 percent. Ripple has shifted RLUSD supply from Ethereum to the XRP Ledger through burns and issuance, and XRP Ledger now holds 55 percent of total RLUSD supply.
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.
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.
