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CATEGORY: eurcv

‘Worst code I’ve ever seen’: Euro stablecoin faces centralization criticism
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 21, 2023 05:50

‘Worst code I’ve ever seen’: Euro stablecoin faces centralization criticism

Criticism has been leveled at a new euro-pegged stablecoin released in France due to a decision to restrict peer-to-peer transactions. French bank Societe Generale-Forge (SGF) released the Ethereum-based stablecoin called EUR CoinVertible (EURCV) on April 20 which is available to only qualified institutional clients. According to observers who reviewed its smart contract code, ERC-20 transfers [...]

The post ‘Worst code I’ve ever seen’: Euro stablecoin faces centralization criticism appeared first on Crypto Breaking News.

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Societe Generale expands its stablecoin to Ripples XRP Ledger to drive further adoption
Author: Oluwapelumi Adejumo
United States
Source: CryptoSlate
Nov 15, 2024 01:10

Societe Generale expands its stablecoin to Ripples XRP Ledger to drive further adoption

Societe Generale‘s crypto subsidiary, SG-FORGE, has announced plans to extend its EUR CoinVertible (EURCV) stablecoin to the Ripple-backed XRP Ledger (XRPL), according to a Nov. 14 statement. According to the lender, XRPL’s swift cross-border payments and efficient asset tokenization capabilities make it an ideal platform for EURCV’s continued growth. SG-FORGE explained that XRPL’s 3-5 seconds […]

The post Societe Generale expands its stablecoin to Ripple’s XRP Ledger to drive further adoption appeared first on CryptoSlate.

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