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by: xpoolPosted on: May 20, 2025

Societe Generale Launches Dollar-Backed Stablecoin, Signaling Shift in Financial Landscape

France-based banking giant Societe Generale is venturing into the cryptocurrency world by preparing to launch a dollar-backed stablecoin. The bank’s crypto arm, SG Forge, plans to initially offer this new digital asset on the Ethereum network. This move marks a significant development as traditional financial institutions embrace blockchain technology.

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