#TradingTypes101 For the first time, a global bank the size of Société Générale enters the stablecoin market pegged to the dollar, announcing the launch of its new digital currency, USD CoinVertible, through its specialized cryptocurrency arm SG-FORGE, making it the first dollar-pegged stablecoin from a regulated bank of this size. The currency, which will be available for public trading starting next July, will be issued on the Ethereum and Solana networks, in a move aimed at meeting what the company described as a 'very strong demand' from the market for a dollar-pegged stablecoin under a strong regulatory umbrella. It seems that Société Générale's entry into this market did not come out of nowhere, as despite launching a euro-pegged stablecoin in 2023, its market adoption has been relatively limited, with the current trading value not exceeding 41.8 million euros, equivalent to 47.62 million dollars.... $XRP