Societe Generale-FORGE’s New EUR Coinvertible: The Digital Asset Everyone’s Talking About!

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So, guess what? Societe Generale-FORGE has decided to take their euro-backed stablecoin, EUR Coinvertible, for a little jaunt on the XRP Ledger. I mean, because who wouldn’t want to throw a party where compliant digital assets are the guests of honor? Talk about a blockchain bash!

Societe Generale-FORGE Takes the EUR Coinvertible to the XRP Ledger

In an exciting announcement on Feb. 18, Societe Generale-FORGE-the digital assets rockstar of the French banking scene-revealed that their shiny new euro-backed stablecoin, EUR Coinvertible, has officially launched on the XRP Ledger (yes, that’s a real thing). This move is part of their grand multi-chain strategy, like a digital asset world tour-but without the jet lag.

“We’re so excited to announce that EUR Coinvertible is now launched on the XRP Ledger (the XRPL),” the company gushed, probably while sipping a cappuccino and wearing sunglasses indoors. They added:

“The launch of EUR Coinvertible on the XRPL is being supported by Ripple’s custody solution.”

Because, you know, every good launch needs a reliable sidekick.

They went on to tease, “There’s a chance we might explore new use cases-like incorporating EUR Coinvertible into Ripple’s products or using it as trading collateral. You know, just casual innovations!”

Jean-Marc Stenger, SG-FORGE’s CEO (and the man with the best job title ever), explained: “The successful launch of EUR Coinvertible on the XRP Ledger is a new step, reinforcing our commitment to offering next-generation, compliant crypto-assets that promote transparency, security, and scalability. We can’t wait to push the envelope further and make our digital assets portfolio even more fabulous!”

This latest deployment comes hot on the heels of previous launches on Ethereum and Solana, proving that SG-FORGE is serious about paving the way for compliant digital assets-because who doesn’t love playing by the rules while still having fun?

Cassie Craddock, Managing Director for UK and Europe at Ripple, had some wisdom to share: “Societe Generale-FORGE has long been a trailblazer among European institutions when it comes to building out a market-leading crypto-assets offering. Kudos to them!” And she cheekily added:

“Ripple is thrilled to be part of this journey, supplying technology that meets the highest security and operational standards-no pressure!”

FAQ ⏰

  • What is EUR Coinvertible?
    Oh, just your average euro-backed stablecoin that Societe Generale-FORGE whipped up for compliant institutional use. No biggie.
  • Why did SG-FORGE launch EUR Coinvertible on the XRP Ledger?
    To support its multi-chain strategy, obviously! Plus, who can resist XRPL’s scalability, speed, and low transaction costs? It’s like the perfect trio!
  • How is Ripple involved in the EUR Coinvertible launch?
    Ripple is providing custody infrastructure-because every stablecoin launch deserves a little TLC from its tech-savvy friend.
  • Which blockchains support EUR Coinvertible?
    It’s rocking out on the XRP Ledger, Ethereum, and Solana. Talk about a digital asset party!

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2026-02-19 07:08