$USDC With major banks increasingly flexing their muscles in the stablecoin arena, Société Générale plans to launch a new dollar-pegged token via its crypto subsidiary, SG-FORGE.

With traditional finance (TradFi) adoption snowballing, Senate Republicans are pushing for a vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act as early as this week.Societe Generale entered the stablecoin market in 2023, launching the euro-denominated EUR CoinVertible (EURCV).

Initially developed for institutional use cases, EURCV recently made its retail debut with a listing on Bitstamp, where it can be swapped for fiat euros and USDt.Since its