Ripple News: Societe Generale To Launch Euro Stablecoin On Ripple

Ripple Unicorn News - November 18, 2024

Societe Generale plans to introduce its Euro-backed stablecoin, EUR CoinVertible, on Ripple's XRP Ledger in 2025. This strategic move aims to leverage the blockchain's scalability and cost-efficiency, aligning with European regulatory standards. The announcement has influenced Ripple's market dynamics, with XRP trading at a three-year high.

Sources
https://www.biztechafrica.com/article/societe-generale-picks-ripple/80680/

Outline
(00:00:00) Introduction
(00:00:28) Societe Generale Picks Ripple To Launch Euro-Backed Stablecoin

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