Societe Generale-FORGE has chosen the XRP Ledger to launch its EURCV stablecoin, making it the third blockchain network the stablecoin will be launched on. The decision was driven by the XRP Ledger's low transaction costs, speed, and scalability, particularly in facilitating cross-border payments. Societe Generale-FORGE emphasized the desire to offer compliant digital assets that promote transparency, security, and scalability. This partnership will boost Ripple's credibility as the XRP Ledger becomes the preferred choice for top organizations and expand its use beyond RippleNet. Societe Generale-FORGE is known for its innovation and has been involved in public blockchains and decentralized finance (DeFi) initiatives. Being a non-bank entity, it has greater flexibility in exploring such initiatives compared to traditional finance clients.



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