“Forge – Adjusted as DASP “daughter” Societe Generale – added Stellar to the number supported by Eur Coinvertible (Eurcv). Initially, the token was released on Ethereum. The corresponding MICA Rules “Stable Coin” is intended for Tradfi. Stellar capabilities, including DEX built -in and asset token, will be able to integrate EURCV into various financial applications and services. Stablcoin owners will have “direct access to security”. The mortgage […]”, – WRITE: Businessua.com.ua
Firm forge – adjustable as DASP The “daughter” of Societe Generale – added Stellar to the number supported by Eur Coinvertible (Eurcv).
Initially, the token was released on Ethereum.
Appropriate to the MICA’s “Stable Coin” rules is intended for Tradfi.
Stellar capabilities, including DEX built -in and asset token, will be able to integrate EURCV into various financial applications and services.
Stablcoin owners will have “direct access to security”. In this case, the mortgage euros will be stored in the trust fund under the control of a third party.
Recall that Forge is included in the list of approved in accordance with MICA issuers along with other nine organizations. It lacks Tether, which produces USDT with a capitalization of $ 141.7 billion.
In November, Tether stopped supporting Eurt “stable coin” tied to the euro.
In the EU, the firm has decided to focus on supporting outsiders such as Mica Quantoz Payments and Stablr licenses, as well as promoting its RWA Hadron platform.
USDC, USDT, Circle’s main competitor was entitled to release stiblcoins in EEA in July.
Earlier, Kaiko estimated that by November 2024, stable coins were compatible with Mica “stable coins” took a record market share of 91%.
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