Societe Generale-Forge Expands to Stellar Network with MiCA-Compliant EUR Stablecoin

Paris, February 20, 2025 Societe Generale-FORGE (SG-FORGE) is taking a major step forward in its multichain strategy by launching its EUR-backed stablecoin (EURCV) on the Stellar network. This move is set to enhance accessibility, efficiency, and security for businesses and users looking to leverage a digital euro, backed by the trusted Stellar blockchain infrastructure.

Why Stellar? A Game-Changer for EURCV

The decision to expand EURCV to Stellar aligns with SG-FORGE’s goal of scalability, speed, and cost efficiency. By leveraging Stellar’s cutting-edge blockchain technology, EURCV will benefit from:

✅ MiCA Compliance: EURCV is one of the first fully compliant Euro stablecoins under the EU’s Markets in Crypto-Assets (MiCA) framework, ensuring transparency and security.

✅ Stellar Network Integration: Stellar’s fast, scalable, and low-cost blockchain makes EURCV more efficient for cross-border payments and financial transactions.

✅ Expanded Accessibility: EURCV will now tap into Stellar’s vast network of financial institutions, asset managers, and TradFi (traditional finance) entities, further driving mainstream adoption.

Key Technical Advantages of Stellar

SG-FORGE chose Stellar for its unique blockchain capabilities, ensuring a seamless and scalable experience for stablecoin users:

🔹 High Scalability – Stellar can handle thousands of transactions per second, making it ideal for global financial operations.
🔹 Lightning-Fast Transactions – Settlements occur in seconds, a crucial factor for real-time payments.
🔹 Low-Cost Transfers – Stellar’s transaction fees are fractions of a cent, making it perfect for micropayments and cross-border transfers.
🔹 Robust Asset Tokenization – Stellar’s built-in support for tokenized assets aligns seamlessly with SG-FORGE’s stablecoin issuance strategy.

Leadership Insights

Guillaume Chatain, Chief Revenue Officer at SG-FORGE, emphasized the significance of this move:

Our integration with Stellar represents a pivotal moment in bridging traditional finance with digital assets. Stellar’s established connections with asset managers and financial institutions align perfectly with our mission to drive broader stablecoin adoption in global finance.

Denelle Dixon, CEO of the Stellar Development Foundation, echoed this sentiment:

The arrival of Societe Generale-FORGE’s EUR stablecoin on Stellar marks a major step forward for digital payments. By combining Stellar’s powerful blockchain with a trusted MiCA-compliant stablecoin, businesses and individuals now have a more efficient way to store and transfer value across borders.

The Future of Stablecoins in Finance

With this expansion, SG-FORGE continues to pioneer institutional-grade digital asset solutions, reinforcing its role in regulatory-compliant crypto innovation. By integrating with Stellar, EURCV is set to become a leading force in Europe’s digital economy, providing a secure, transparent, and scalable alternative for financial transactions.

This is just the beginning—the future of finance is digital, and SG-FORGE is leading the way.

For more information: https://www.sgforge.com/ and https://www.cast-framework.com/

Disclaimer:

The information in this press release is for informational purposes only and should not be considered financial, investment, or legal advice. Coin Crypto News does not guarantee the accuracy or reliability of the content. Readers should conduct their own research before making any decisions.

Hot this week

Litecoin Surge: Elliott Wave Triangle Targets Up to $318

Litecoin's Elliott Wave triangle nears apex, signaling potential end...

XRP Flash Sellers Exhausted Volume Screams Bullish!

On XRP's 5-day chart, volume declined during price falls,...

ETH Breakdown Time to Watch Closely

Ethereum perpetual futures chart shows clear breakdown from descending...

Bitcoin Bear Signal Flashes Red 75% Crash Ahead

Rare 6-week LMACD bearish crossover just confirmed on Bitcoin Same...

Solana Price Analysis: Will SOL Hit $157 or Face Decline? Experts Weigh In

Solana needs to hold $124 to prevent a potential...

Topics

Litecoin Surge: Elliott Wave Triangle Targets Up to $318

Litecoin's Elliott Wave triangle nears apex, signaling potential end...

XRP Flash Sellers Exhausted Volume Screams Bullish!

On XRP's 5-day chart, volume declined during price falls,...

ETH Breakdown Time to Watch Closely

Ethereum perpetual futures chart shows clear breakdown from descending...

Bitcoin Bear Signal Flashes Red 75% Crash Ahead

Rare 6-week LMACD bearish crossover just confirmed on Bitcoin Same...

Cardano Near $0.43: ALMA & MACD Hint at a Quiet Bullish Build-Up

Cardano (ADA) trades near $0.43 with ALMA and MACD signaling cautious bullish momentum. Watch $0.48 resistance; a breakout could target the $0.55 zone.

Toncoin Price Recovery: TON Stabilizes Above Support, Eyes $1.70 Resistance

$TON has cleared liquidity and reclaimed mid-range levels, signaling...

Kaspa’s Future Looks Bright: Major Developments Set to Disrupt the Blockchain Space

Kaspa (KAS) has gained 4.51% in the last 24 hours, reflecting growing market interest and an ambitious R&D roadmap.
spot_img

Related Articles

Popular Categories

spot_imgspot_img