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SG Forge Announces Deployment of Its Euro Stablecoin EURCV to Solana Blockchain

SG Forge Announces Deployment of Its Euro Stablecoin EURCV to Solana Blockchain

Bitget2024/09/20 07:16

SG Forge, a subsidiary of French financial services company Societe Generale (Societe Generale), has announced the deployment of its euro stablecoin EUR CoinVertible (EURCV) to the Solana blockchain, according to CoinDesk. Previously, EURCV went live on Ether last year to a poor market response of 28 holders and 154 transactions.SG Forge said Solana's high speed and low cost will unlock new possibilities for retail and institutional users in the decentralized finance (DeFi) space.

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