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Societe Generale Launches A New Dollar-Backed Stablecoin on Solana (USDCV)

June 12th, 2025
Societe Generale has launched a dollar-backed stablecoin, USDCV, on Solana and Ethereum, nine months after its euro-based EurCV (€41.8M circulation) underperformed.
Issued by SG-FORGE and backed by BNY Mellon, USDCV aims to boost crypto trading and payments, targeting institutions and retail clients, starting July.
Source: https://solanafloor.com/news/societe-generale-launch-dollar-backed-stablecoin-solana-9-months-eurcv-no-show
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