Stablecoin

2024

EUR CoinVertible

Partner

Forge

<h4><strong><a href="https://particuliers.sg.fr/" target="_blank" rel="noopener noreferrer nofollow">Societe Generale</a>, a huge player in mainstream finance, has announced a strategic partnership with Bitpanda. </strong></h4>
<p>The goal is to promote the use of cryptocurrencies and stablecoins as key parts of the global financial ecosystem.</p>
<h5><strong>Bitpanda Teams Up with Societe Generale to Expand Euro Stablecoin</strong></h5>
<p>The collaboration will see Bitpanda work alongside Societe Generale’s blockchain arm, Societe Generale-FORGE. Both parties will help push for wider use of Societe’s euro-stablecoin, EUR CoinVertible (EURCV).</p>
<p>According to Jean-Mark Stenger, CEO of Societe Generale-FORGE, this partnership marks an important milestone in making stablecoins a major player in traditional finance. Stenger expressed optimism about the collaboration, saying it will provide European users with a reliable and secure digital currency option.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">NOW at Bitpanda stage: Climate Finance and Carbon Banking <a href="https://twitter.com/Marochini1975?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Marochini1975</a> (Societe Generale), Martijn Siebrand (<a href="https://twitter.com/ABNAMRO?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@ABNAMRO</a>), and <a href="https://twitter.com/emyallaert?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@emyallaert</a> (<a href="https://twitter.com/BlockchainLabLU?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@BlockchainLabLU</a>) are live, sharing their insights on leveraging DLT for carbon credits and tackling climate change. The discussion focuses… <a href="https://t.co/OPRqFfa24Q" rel="noopener noreferrer nofollow">pic.twitter.com/OPRqFfa24Q</a></p>
 <p>— European Blockchain Convention (@EBlockchainCon) <a href="https://twitter.com/EBlockchainCon/status/1839209559132438592?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 26, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Similarly, Lukas Enzersdorfer-Konrad, Bitpanda’s Deputy CEO, believes the partnership is timely. Enzersdorfer-Konrad expects euro-based stablecoins to be important for the European crypto market moving forward.</p>
<p>He further explained that fully regulated stablecoins can bridge the old and new financial systems, helping the integration process. Through this partnership, Bitpanda and Societe Generale aim to bring that vision closer to reality.</p>
<h5><strong>Stablecoins are in High Demand</strong></h5>
<p>Stablecoins are increasingly becoming the entry point for investors looking to transition from fiat currencies to digital assets. A euro-based stablecoin like EURCV compliant with MiCA is <a href="https://www.altcoinbuzz.io/cryptocurrency-news/circle-introduces-eurc-stablecoin-on-base-blockchain/" target="_blank" rel="noopener noreferrer nofollow">expected</a> to attract more institutional and retail investors to the crypto space. Once listed on Bitpanda’s platform, EURCV will provide European investors with a stable and regulated digital currency for trading.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">Just announced live on stage at the <a href="https://twitter.com/EBlockchainCon?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@EBlockchainCon</a> by <a href="https://twitter.com/eric_demuth?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@eric_demuth</a> – Bitpanda will soon be listing EUR CoinVertible (EURCV) thanks to our latest collaboration with Societe Generale-FORGE.</p>
 <p>EURCV is the first EU based stablecoin to be launched by a fully integrated and regulated… <a href="https://t.co/9WzSNkfJgo" rel="noopener noreferrer nofollow">pic.twitter.com/9WzSNkfJgo</a></p>
 <p>— Bitpanda (@Bitpanda_global) <a href="https://twitter.com/Bitpanda_global/status/1838899711287177550?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 25, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Meanwhile, the upcoming MiCA regulation is set to reshape the European Union’s approach to digital assets. Many crypto firms, including Kraken, are already preparing for this shift.</p>
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<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/societe-generale-forge-and-bitpanda-partner-for-euro-stablecoin/" rel="noopener noreferrer nofollow">Societe Generale Forge and Bitpanda Partner for Euro Stablecoin</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Societe Generale Forge and Bitpanda Partner for Euro Stablecoin

Altcoin Buzz

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