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Societe Generale stock pumps and dumps after Euro-pegged stablecoin launch
French multinational bank, Societe Generale, has launched its own Euro-pegged stablecoin named “EURon” on the Ethereum blockchain. The news briefly caused the Societe Generale stock price to jump before dropping below yesterday’s close price. The stablecoin is the first to be issued by the bank, which is one of the leading investment banks in France. …
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