Societe Generale subsidiary SG-Forge launches euro stablecoin on XRPL

SG-Forge, the crypto subsidiary of French financial giant Societe Generale, has launched its euro-pegged stablecoin, EURCV, on the XRPL network, Cointelegraph reported. This marks the third blockchain deployment for the stablecoin, following its release on Ethereum and Solana. The launch leverages Ripple's custody technology, and EURCV is set to be integrated into Ripple's financial products for use as trading collateral.