US EditionXRP Ledger Sees Société Générale Launch First Euro Stablecoin
EUR CoinVertible is backed one-to-one by cash or high-quality securities with a circulating supply of about €65.8 million, leveraging XRPL's fast, low-cost settlement and Ripple custody.
- Société Générale's SG-FORGE launched EUR CoinVertible on the XRP Ledger, citing low costs and fast settlement, and will use Ripple's custody infrastructure, with a circulating supply of about €65.8 million.
- SG-FORGE said it picked the XRP Ledger for low costs and fast settlement and will use Ripple's custody infrastructure; EUR CoinVertible is issued under French digital asset regulations and backed one-to-one.
- The partnership extends beyond a token launch, with Ripple providing infrastructure support as SG-FORGE explores EUR CoinVertible integration into Ripple's products and trading collateral while XRPL validators vote on Permissioned DEX.
- With a circulating supply of about €65.8 million, EUR CoinVertible on XRPL strengthens its market position and platform credibility, according to SG-FORGE.
- XRP retested support at $1.41, with technical indicators suggesting a measured move $4-$6+ over 12-24 months, while monthly closes must stay above $0.9.
15 Articles
15 Articles
XRP Ledger Sees Société Générale Launch First Euro Stablecoin
Société Générale‘s SG-FORGE has become the first major European bank to deploy a euro stablecoin on XRPL as XRP (CRYPTO: XRP) retests breakout support at $1.41 with a $6 target in play. The Societe Generale Validation SG-FORGE deployed EUR CoinVertible on XRPL after previous launches on Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), reinforcing its commitment to offering compliant crypto assets. The integration leverages XRPL’s scalability, sp…
Société Générale expands euro stablecoin deployment to XRP Ledger
Socit Gnrale expands its euro stablecoin to the XRP Ledger, enhancing access to regulated digital assets and fast settlement. The post Société Générale expands euro stablecoin deployment to XRP Ledger appeared first on Crypto Briefing.
The European banking giant, Société Générale, based in Paris, expanded its EURCV stable to the XRP Ledger network, deepening its multi-chain approach. *** Société Générale, based in Paris, expanded its EURCV stable to the XRP Ledger network. Initially launched in Ethereum in 2023, EURCV is a token linked to the euro 1:1. The move strengthens the institutional role of XRP Ledger de Ripple. Société Générale selects XRP Ledger for its EUR CoinVerti…
The EURCV stablecoin of Société Générale-FORGE has arrived on the blockchain XRP Ledger. An integration that was supported by Ripple. The article Société Générale-FORGE launches its EURCV stablecoin on Ripple (XRP) appeared first on Cryptoast.
Société Générale Deploys Euro Stablecoin on XRP Ledger
Key Takeaways SG-FORGE launched EURCV on the XRP Ledger on February 18, 2026. The stablecoin is backed 1:1 by bank deposits or high-quality securities. EURCV is structured to comply fully with the EU’s MiCA regulation. Integration with Ripple Payments and Liquidity Hub is planned. Circulating supply stands at approximately 70.51 million tokens. The move marks the token’s third major blockchain expansion, following earlier launches on Ethereum …
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