Euroclear to adopt SocGen USDCV stablecoin for commercial paper settlement
Euroclear has been working with the Banque de France on Project Pythagore, which aims to tokenize the negotiable EU (NEU) commercial paper sector.
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SG-FORGE's ACPR-regulated USDCV gives Euroclear a dollar settlement leg for negotiable EU commercial paper, complementing euro central-bank-money settlement due via the ECB's Project Pontes in September.
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