AiCoin
AiCoin|Feb 19, 2026 01:31
[French Banking Group Expands EURCV Stablecoin to XRP Ledger] The digital asset division of French banking group Societe Generale, SG-FORGE, has expanded its euro-pegged stablecoin EUR CoinVertible (EURCV) to the XRP Ledger. This marks the token's third blockchain deployment after Ethereum and Solana, utilizing Ripple's custody infrastructure and potentially integrating into Ripple products as transaction collateral. The stablecoin is backed 1:1 by bank cash deposits or high-quality securities, with a current circulation of approximately 70.51 million tokens. It aims to enhance institutional access to euro-backed tokens and complies with the EU's MiCA regulations.
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