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Societe Generale expands its stablecoin to Ripple’s XRP Ledger, XRP surges 17.29%

SG-FORGE, a subsidiary of French bank Societe Generale, is set to expand its euro stablecoin, EUR CoinVertible (EURCV), to the XRP Ledger (XRPL) network next year.

In response to the news, XRP experienced a positive reaction, surging 17.29% in just 24 hours. Looking at the broader timeframe, the asset has officially hit a 47.3% gain in just 7 days.

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