Societe Generale Launches Dollar Stablecoin, First European Bank
Societe Generale, a major bank from France, officially launched a dollar-based stablecoin through its subsidiary in June 2025. This move makes it the first European bank to enter the stablecoin market. The stablecoin is designed to facilitate fast and secure transactions in the digital financial ecosystem. This adoption indicates the increasing acceptance of blockchain technology by traditional financial institutions.