Société Générale‘s SG-FORGE has become the first major European bank to deploy a euro stablecoin on XRPL as XRP (CRYPTO: XRP) retests breakout support at $1.41 with a $6 target in play.

The Societe Generale Validation

SG-FORGE deployed EUR CoinVertible on XRPL after previous launches on Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), reinforcing its commitment to offering compliant crypto assets.

The integration leverages XRPL’s scalability, speed, and low cost while using Ripple’s custody solution for security.

The partnership extends beyond deployment. SG-FORGE will explore incorporating EUR CoinVertible into Ripple’s products and leveraging it as trading collateral, opening…

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