Appold View
Last week,
@SocieteGenerale launched its euro-pegged stablecoin EUR CoinVertible on the XRP Ledger (XRPL), marking its third blockchain integration following deployments on
@ethereum and
@solana. XRPL was reportedly chosen by
@SocieteGenerale's digital assets arm SG-FORGE for its low transaction costs and fast settlement, with custody managed via
@Ripple Custody. The deployment also enables the use of EUR Coinvertible in
@Ripple's broader payment-related product offerings.
In
@AppoldTech's view, as competition between blockchains intensifies to host tokenised deposits, bonds and settlement assets, this listing represents a valuable institutional endorsement of XRPL and strengthens its perception as a compliant infrastructure layer for tokenised finance.
Read more in our Market Watch. Link in the comments👇