EU Commission Softens Stance on Foreign Stablecoins, Boosting Industry Outlook

July 3, 2025

Catenaa, Thursday, July 03, 2025- The European Commission has taken a softer position on foreign stablecoins, offering reassurances that risks related to multi-issuance and potential bank runs are highly unlikely. This contrasts with earlier warnings from the European Central Bank, sparking optimism among industry players. The Commission told Cointelegraph that even in a rare run […]

Societe Generale Plans US Stablecoin on Ethereum, Solana

June 11, 2025

Catenaa, Wednesday, June11, 2025- French banking powerhouse Societe Generale announced Tuesday it will launch a US dollar-pegged stablecoin, dubbed USD CoinVertible (USDCV), becoming the first major European bank to issue a dollar-backed digital asset. USDCV will be deployed on Ethereum and Solana blockchains through SG-Forge, the bank’s crypto-asset subsidiary. The Bank of New York Mellon […]