SG Forge Announces Deployment of Its Euro Stablecoin EURCV to Solana Blockchain
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nikkei 225 Rises 1.6% During Trading, Reaching 58,860.59 Points
MSCI Asia Pacific Index rises 1.3%
New Zealand’s governing coalition holds slim majority in preliminary count
Goldman Sachs analyzes the SpaceX (SPCX.US) index effect: valuation, volatility, and concentration are almost “insensitive”
Goldman Sachs stated that despite significant market concerns on the eve of SpaceX's record-breaking IPO, the stock’s increasing weight in major indexes has had little impact on index valuations and performance.
Crypto prices
More
