WEEKLY FACTS - Week 11
Every day, ADN'ews analyses the latest innovations and news on financial services and international payment. Focus on announcements that should not be missed this week and that outline major trends in the sector.
SG-Forge launches its euro-backed stablecoin on Stellar
In a context where digital currencies and stablecoins are becoming increasingly important in the financial world, the Société Générale, through its subsidiary SG-FORGE, Continue its development by deploying the EUR CoinVertible stablecoin (EURCV) on the Stellar blockchain. This movement is part of a strategy to modernize banking services while responding to new demands for fluidity and security in financial transactions.
Binance signs record fundraiser
The crypto giant Binance once again marks the news of its market by reaching a new record. In fact, he has just made the largest fundraiser in the history of the cryptoactive industry, with MGX, an investor from Abu Dhabi, focusing on innovative technologies.
Recipient verification: one step further towards safer payments in the euro area
The Eurosystem has completed the exploratory phase of its Beneficiary Verification Service (VoP), a tool designed to enhance the security of euro payments. This initiative is part of the European Regulation on Instant Payments (2024/886) and aims to support payment service providers (PSPs) in implementing the new regulatory requirements.
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