Usd

Asia Morning Briefing: Asia’s Banks Look to Stablecoins to Prevent Deposit Flight

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s …

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SocGen’s Crypto Arm Unveils Dollar Stablecoin on Ethereum and Solana

SG Forge, the cryptocurrency division of French bank Société Générale, plans to introduce a dollar-backed stablecoin on the Ethereum and Solana blockchains, the bank said on Tuesday. The USD CoinVertible (USDCV) will start trading in early July and …

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