🇪🇺📈 The supply for #EURCV on Ethereum is up by ~400% YoY
EURCV is a stablecoin issued by Societe Generale, a French multinational bank & financial services company founded in 1864. #stablecoin
EURCV is a stablecoin issued by Societe Generale, a French multinational bank & financial services company founded in 1864. #stablecoin
🇩🇪💶 Deutsche Börse has integrated its third regulated euro stablecoin, #EURAU from AllUnity. This follows the previous integrations of #EURC from SocGen and #EURCV from Circle. #stablecoin
✏️ In a report by Decta, the market capitalization of euro-denominated stablecoins doubled one year after the June 2024 rules took effect. #EURS, #EURC and #EURCV led the growth. Monthly transaction volume grew from $383 million to $3.8 billion (~9x).
Despite this, euro-stablecoins have a capitalization of ~$680 million, well below the $300 billion of US dollar pegged stablecoins. coindesk
Despite this, euro-stablecoins have a capitalization of ~$680 million, well below the $300 billion of US dollar pegged stablecoins. coindesk