Imagine digital money that's like a super-fast, secure version of the euro! A big French bank, Societe Generale, just launched one called EURCV on a special network called Stellar.
It's a 'stablecoin,' meaning its value is always tied to the euro, so it's less risky than other digital money like Bitcoin. This new digital euro is designed to be used by businesses for quick and cheap transactions across borders.
This is a big deal because it shows banks are starting to use blockchain technology, a secure way to track digital money.
- EURCV is now on the Stellar network, making it super fast and cheap to use.
- It's designed to follow all the rules in Europe for digital money.
- This makes it safer for businesses to use.
| Fact | Detail |
|---|---|
| Stablecoin Name | EURCV |
| Blockchain Used | Stellar & Ethereum |
| Purpose | Fast, secure euro payments |
