SocGen digital asset unit lanserer EUR stablecoin

Kalt EUR CoinVertible, er eiendelen designet for å bygge bro over gapet mellom tradisjonelle kapitalmarkeder og økosystemet for digitale eiendeler. Mynten kan brukes som et oppgjørsmiddel for transaksjoner i kjeden, for bedriftens treasury-, kontantstyrings- og sammenslåingsaktiviteter, likviditetsfinansiering og refinansiering i kjeden, og for intra-dag-likviditetsbehov som 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 banken er blant en rekke store globale banker som har preget sine egne stablecoins, inkludert JPMorgan, National Australia Bank, ANZ og BTG Pactual.

For å lære mer om betalingsinnovasjon, registrer deg for NextGen Nordics som finner sted 25. april 2023.