ChainCatcher news, Société Générale's subsidiary SG Forge will deploy its euro stablecoin EURCV on the XRP Ledger network. By deploying on XRPL, SG-FORGE aims to benefit from the network's cross-border payment and tokenization capabilities, promoting its fast settlement and low-cost transactions. EURCV will be issued using Ripple's custody service.RippleX Senior Vice President Markus Infanger stated, "Introducing trusted bank-grade stablecoins like EURCV to XRPL is crucial for enabling institutional use cases such as payments, which is a core focus for Ripple."EURCV was launched in 2023 on Ethereum and is a highly regulated product.

ChainCatcher news, according to Coindesk, Société Générale's subsidiary SG Forge announced the launch of the euro stablecoin EUR CoinVertible (EURCV) on the Solana blockchain.EURCV was previously issued on the Ethereum blockchain last year as a highly regulated euro alternative to dollar stablecoins like Tether and Circle.However, EURCV's performance on Ethereum has not been ideal. According to Etherscan data, there are currently only 28 holders, 154 transaction records, and a total issuance of 33 million. SG Forge hopes to test the demand from crypto users for a euro stablecoin on a faster and lower-cost network by issuing EURCV on Solana.

ChainCatcher news, according to the official announcement, OKX will open EURC deposits on September 12, 2024, at 11:00 AM UTC, and will open USDC/EURC spot trading on September 13, 2024, at 8:00 AM UTC. EURC withdrawals will open on September 14, 2024, at 10:00 AM UTC.

ChainCatcher news, Coinbase announced on X that it will add the EURC-USDC trading pair.Previous news, Coinbase Assets posted on social media that Coinbase has enabled support for sending and receiving EURC on the Solana chain.

ChainCatcher news, Circle co-founder Jeremy Allaire posted on the X platform that Coinbase's support for EURC on the Solana chain will provide liquidity and quick access for EURC.

ChainCatcher message, Coinbase Assets posted on social media that Coinbase has enabled support for sending and receiving EURC on the Solana chain.

ChainCatcher news, according to The Block, Coinbase will enable the conversion between the euro fiat currency and the euro-pegged stablecoin EURC in supported jurisdictions on August 28, with a conversion ratio of one to one.EURC is pegged to the value of the euro, similar to how USDC is pegged to the value of the dollar. According to an email from Coinbase, EURC complies with the requirements of the EU's new Markets in Crypto-Assets Regulation (MiCA).Conversions conducted on Coinbase Advanced will incur no associated fees. Additionally, Coinbase will launch a new EURC-USDC order book on August 29 and will abolish the existing EURC-EUR and EURC-USD order books.

ChainCatcher news, Circle's Senior Director of EU Strategy and Policy Patrick Hansen stated on social media that, based on DefiLlama data, the market capitalization of EURC has surpassed 50 million euros.In the past week, the market capitalization of EURC has increased by 36%, primarily due to its launch on the Base chain (which already has about 8 million euros in EURC) and growth on the Ethereum chain. At this rate, EURC will soon become the largest euro stablecoin by market capitalization.For reference: EURC is already the largest MiCA-compliant euro stablecoin. Although AEUR currently has a higher market capitalization, it has ceased issuance and redemption due to the bankruptcy of Switzerland's FlowBank.

ChainCatcher news, according to official sources, Circle's Euro stablecoin EURC has been launched on Base, supporting seamless integration with Coinbase products.

ChainCatcher news, according to the official announcement, Circle has announced that the stablecoin EURC will be introduced on Base, marking Base's first euro-supported stablecoin.It is reported that EURC is issued by Circle, and it, along with USDC, are the first stablecoins issued on Base that comply with the new Markets in Crypto-Assets (MiCA) regulations.

ChainCatcher message, about six months after the launch of the Bridged USDC Standard, stablecoin issuer Circle released a related update. The advantages of the bridged USDC standard include being permissionless and fair, allowing EVM blockchain teams (such as new L1 and L2 rollups) to adopt the standard to deploy bridged USDC, as well as standardization and scalability.Circle disclosed that so far, 14 blockchains have deployed bridged USDC according to the relevant standards, namely: B², Build on Bitcoin, Fantom, Fraxtal, Gnosis, Kroma, Linea, Lyra, Mantle, Mode, Polygon zkEVM, Scroll, Taiko, Wemix; 2 blockchains have deployed bridged EURC according to the relevant standards, including Gnosis and Polygon zkEVM.

ChainCatcher message, Coinbase stated on social media that the plan to rename EUROC to EURC has been postponed. They sincerely apologize for these delays, but rest assured that funds remain safe, and the team is working to restore full services as soon as possible.

ChainCatcher news, according to official sources, Coinbase will add support for the euro stablecoin EURC (EURC) on the Ethereum network (ERC-20 tokens), with trading expected to begin around 03:00 Beijing time on June 21, 2024. In regions where trading is supported, transfers of this asset can be conducted on Coinbase and CoinbaseExch.It is reported that EURC (EURC) was originally Euro Coin (EUROC).

ChainCatcher message, Coinbase Exchange stated on social media that EUROC will soon be renamed to EURC. Buying, selling, or transferring transactions related to EUROC will be suspended from 8 AM PT on June 17 to 3 PM PT on June 19.

ChainCatcher news, Circle announced that it is expanding support for USDC and EURC across multiple Sepolia test networks to better serve developers building on the Circle stablecoin protocol and platform services.Specific changes:USDC will provide new Sepolia test network addresses for Arbitrum, Base, Ethereum, and OP.EURC will provide a new Sepolia test network address for Ethereum.CCTP will provide new Sepolia test network addresses for Arbitrum, Base, Ethereum, and OP. After the migration, the proof API will no longer support Goerli.The faucet will no longer support USDC and EURC on the Goerli test network. Instead, you will be able to select and receive USDC and EURC on the Sepolia test network.Circle Mint deposit addresses created on Goerli will be cleared. Sending USDC or EURC to a cleared address will result in the loss of funds in the Circle Mint sandbox. Any historical transfers and existing balances will remain unchanged.

ChainCatcher news, according to CoinDesk, the Société Générale's euro stablecoin EUR Coinvertible (EURCV) has started trading on the European cryptocurrency exchange Bitstamp.

ChainCatcher news, according to the Financial Times, Société Générale has become the first major bank to launch a stablecoin, the EUR CoinVertible (EURCV), pegged to the euro, on Bitstamp.Société Générale's digital assets division, SocGen Forge, stated that the bank hopes its stablecoin will be used for settling transactions of digital bonds, funds, and other assets. This stablecoin is in line with the upcoming Markets in Crypto-Assets (MiCA) regulation, which will take effect next year, emphasizing that "few stablecoins meet MiCA standards." Axa Investment Managers has already used Société Générale's stablecoin to invest in a digital green bond.

ChainCatcher news, Flowdesk has been appointed by Forge, a subsidiary of Société Générale (GLE), as the new market maker for its euro stablecoin EUR CoinVertible (EURCV).As a market maker, Flowdesk will provide liquidity for the EURCV-EUR and EURCV-USDT trading pairs and has been authorized by SG-FORGE to trade EURCV.

ChainCatcher message, Circle announced the launch of the new v2.2 upgrade for USDC and EURC, which reduces Gas costs, improves support for account abstraction, and enhances the security of EVM blockchains. The upgrade is fully backward compatible, will not introduce any major changes to existing integrations, and does not require developers or users to take any action. All code changes have been audited by Halborn, a leading third-party blockchain security company.

ChainCatcher news, Circle co-founder and CEO Jeremy Allaire stated on the X platform that Circle will launch new products on Solana, including its euro stablecoin EURC and the cross-chain transfer protocol CCTP.