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Societe Generale To Become First TradFi Bank To Launch a Stablecoin, Plans Debut on Bitstamp: Report

Societe Generale To Become First TradFi Bank To Launch a Stablecoin, Plans Debut on Bitstamp: Report

One of the largest banks in France is reportedly becoming the first traditional finance (TradFi) institution to issue its very own stablecoin. According to a new report by The Financial Times, French bank Societe Generale (SocGen) has launched its own Euro-pegged digital asset – dubbed the EUR ConVertible – on the Luxembourg-based crypto exchange platform […]

The post Societe Generale To Become First TradFi Bank To Launch a Stablecoin, Plans Debut on Bitstamp: Report appeared first on The Daily Hodl.

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