SG Forge, a subsidiary of Societe Generale, is set to launch a USD stablecoin on Ethereum, marking a significant innovation for multinational banks and aiming to meet EU regulatory demands.
This initiative positions Societe Generale as a pioneer in regulated USD stablecoins, targeting institutional investors while expanding to Solana and other blockchains in the future.
CEO Jean-Marc Stenger emphasizes that stablecoins are essential for fostering trust in crypto ecosystems and facilitating blockchain-based financial services.
This move could influence the evolution of euro-stablecoins and drive institutional adoption of blockchain technology.
Full story here: https://coincu.com/338690-sogeforge-usd-stablecoin-launch
