🚨 BREAKING: Traditional Banking Enters DeFi! 🚨
📢 Societe Generale, one of France’s largest banks, is set to launch USD CoinVertible — a fully USD-backed stablecoin — this July!
🔗 Running on Ethereum ($ETH ) and Solana ($SOL ), this marks the first time a major European bank launches a stablecoin directly on public blockchains.
💥 Why this matters:
✅ Brings mainstream legitimacy to stablecoins.
✅ Unlocks new DeFi use cases with trusted backing.
✅ Signals a shift toward crypto-banking normalization.
💡 With platforms like Binance, this could open doors to:
Smarter swaps,
More payment rails,
Innovative DeFi loans,
Better hedging strategies.
🔥 This is a big moment.
TradFi is no longer watching from the sidelines — it’s jumping in.
🧠 What’s your take:
Will other banks follow suit and issue their own stablecoins?
#CryptoNewss #Ethereum #solana #DigitalAssets #CryptoBanking
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