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Société Générale will launch a USD stablecoin, expected to start trading in July.
Gate News bot news, Société Générale (SOGN.PA) will launch a dollar stablecoin through its crypto assets subsidiary SG-FORGE, becoming the first major European bank to issue such a stablecoin.
SG-FORGE stated in a statement on Tuesday that this Crypto Asset named "USD CoinVertible" will be issued on the Ethereum and Solana blockchains, and is expected to start trading publicly in July.
Source: Reuters