US EditionFrench Banking Giant to Launch World’s First Bank-Issued Dollar Stablecoin on Ethereum
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.8 Articles
8 Articles
EY Unveils Ethereum-Based Tool to Simplify Business Contracts
Ernst & Young (EY), one of the world’s leading accounting firms, has introduced a new blockchain-based platform aimed at streamlining business contract management. The newly launched OpsChain Contract Manager (OCM), built on the Ethereum blockchain, is designed to address longstanding complexities in managing inter-organizational agreements, while also emphasizing confidentiality, cost savings, and operational efficiency. The announcement took p…
Societe Generale Boosts Crypto Ambitions with Innovative Sta
Societe Generale is developing a dollar-backed stablecoin via its SG Forge division. The stablecoin will launch on Ethereum, with potential Solana integration later. Continue Reading:Societe Generale Boosts Crypto Ambitions with Innovative Stablecoin Initiative The post Societe Generale Boosts Cry...
Société Générale-FORGE Expands Euro Stablecoin Across Blockchains - Blockchain & Cryptocurrencies Tabloid
Société Générale-FORGE deploys euro-backed stablecoin EURCV on Ethereum, Solana, and XRPL. The post Société Générale-FORGE Expands Euro Stablecoin Across Blockchains appeared first on Blockchain & Cryptocurrencies Tabloid.
The launch, which is expected in the coming weeks, will turn Société Générale into the world’s first banking group to issue a stablecoin linked to the US dollar. *** Europe’s banking giant, Société Générale, is once again betting on the stablecoins. Through its subsidiary SG Forge, it is preparing to launch a token with parity in the US dollar. It will be the world’s first bank to issue a dollar stablecoin in Ethereum. A step towards financial i…
Key points of the news: Société Générale will launch the first dollar stablecoin issued by a bank in a public blockchain, starting in Ethereum. The asset will be aimed at institutional investors in the EU, with legal support thanks to SG Forge’s electronic money license. The dollarized stablecoins market exceeds $250 billion, while those of euro suffer due to regulatory constraints and low adoption. The banking giant Société Générale is preparin…
French banking giant to launch world’s first bank-issued dollar stablecoin on Ethereum
SG Forge's stablecoin launch could accelerate the integration of regulated digital assets into mainstream finance, enhancing global liquidity. The post French banking giant to launch world’s first bank-issued dollar stablecoin on Ethereum appeared first on Crypto Briefing.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
