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.
Source: https://www.coindesk.com/business/2023/12/06/societe-generale-backed-euro-stablecoin-eurcv-starts-trading-on-bitstamp/?utm_medium=referral&utm_source=rss&utm_campaign=headlines