EUR Coinvertible (EURCV), Backed by Societe Generale Forge, Starts Trading on Bitstamp

The listing on Luxembourg-based Bitstamp extends its access to retail traders and marks the first occasion a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange. The stablecoin market is dominated by crypto-native firms like Tether, developer of developers of USDT, and Circle, with USDC, both of which are pegged to the U.S. dollar.