🚨 New stablecoin backed by a European bank!

Societe Generale, one of the largest banks in Europe, will launch its own stablecoin in July: USD CoinVertible, backed by dollars and operating on Ethereum and Solana.

👉 It is the first stablecoin issued by a traditional European bank.

👉 Custodied by BNY Mellon, focused on payments, trading, and institutional finance.

Are we entering the era of decentralized banks? 💥

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