Overview
- EUR CoinVertible (EURCV) is now live on the XRP Ledger as of February 18, expanding beyond earlier deployments on Ethereum and Solana.
- Ripple provided institutional‑grade custody and infrastructure services to support the integration and security of the stablecoin.
- SG‑FORGE cited the XRP Ledger’s faster transactions, lower fees, and secure decentralized architecture as key factors for the deployment.
- The issuer aims to grow usage of EURCV for institutional payments, trading activity, and as eligible collateral.
- CEO Jean‑Marc Stenger called the launch a milestone for compliant, scalable digital assets, while Ripple’s Cassie Craddock underscored Ripple’s role in supporting regulated stablecoins.