For the first time, a bank has issued a stablecoin on a public blockchain. We investigated to find out more about this project.

Your 3 free articles this month are up

The research your peers are already using

The Big Whale gives financial institutions the market intelligence, network, and platform to move with confidence in digital assets. Trusted by 150+ firms.

What are Societe Generale's ambitions in the crypto world? While the question was still worth asking two years ago, things seem pretty clear: they're big, and Forge's latest project is the best illustration of that.

The French bank's crypto subsidiary created in 2018 announced on 20 April the launch of CoinVertible, a euro stablecoin based on the Ethereum blockchain, in other words a public protocol, which is a first for a bank.

Raphaël Bloch

Raphaël Bloch is co-founder and CEO of The Big Whale, a news platform focused on cryptocurrencies. A former journalist at Reuters, Les Echos, and L’Express, he is a graduate of emlyon and the CFJ.

Voir tous les articles ↗
Grégory Raymond

Gregory Raymond is a French journalist specializing in economics and cryptocurrencies, currently head of research at The Big Whale.

Voir tous les articles ↗
Format
Analysis
Share this article
Weekly Briefing
Every Friday, cut through the noise with independent analysis on curated news delivered straight to your inbox.
Read by 30,000 professionals
Latest Report
The major shift of banks towards digital assets and blockchain
Download Report

Sind Sie bereit, Ihre Strategie für digitale Vermögenswerte zu beschleunigen?

Kontaktiere uns →