SocGen digital asset unit lancerer EUR stablecoin

Kaldet EUR CoinVertible, aktivet er designet til at bygge bro mellem traditionelle kapitalmarkeder og økosystemet for digitale aktiver. Mønten kan bruges som et afviklingsaktiv til on-chain-transaktioner, til corporate treasury, cash management og cash pooling-aktiviteter, on-chain likviditetsfinansiering og refinansiering og til intra-dag likviditetsbehov såsom margin calls.

The bank has made a request to a “leading independent credit rating agency” to assign a credit rating to the EUR CoinVertible. The firm says it intends to work with digital asset exchanges and trusted third-party platforms to have the EUR CoinVertible stablecoin listed in the coming months.

Jean-Marc Stenger, chief executive officer at SG-Forge says: “Digital assets with stabilisation mechanisms – i.e. stablecoins – built under a robust banking-grade structure will be a key element to increase trust and confidence in the native crypto ecosystem. This issuance is a major step in Societe Generale-Forge’s roadmap to deliver innovative solutions to its clients, either real-money institutions and corporates or entities of the crypto industry, and to facilitate the emergence of new market infrastructures based on blockchain technology.”

Den franske bank er blandt en række store globale banker, der har præget deres egne stablecoins, herunder JPMorgan, National Australia Bank, ANZ og BTG Pactual.

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