Stablecoin

The French financial services firm said earlier this year it will also expand EURCV to the Solana network after struggling to attract users on Ethereum.

Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.

The Küresel Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.