Euroclear to adopt SocGen USDCV stablecoin for commercial paper settlement
Euroclear is set to adopt Société Générale's USDCV stablecoin for commercial paper settlement. Euroclear has also been working with the Banque de France on Project Pythagore, an initiative aimed at tokenizing the negotiable EU (NEU) commercial paper sector.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Ledger_insights.
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.
Entities in this story
Discussion
Comments are reviewed before publication.
Want the full article?
Continue reading on Ledger_insights →
No comments yet.