tl;dr
Ripple Labs Developers have partnered with Societe Generale-Forge to integrate the EURCV stablecoin on the XRP Ledger in 2025. SG-Forge aims to go multi-chain and has previously launched the stablecoin on Ethereum and Solana. The XRP Ledger is seen as attractive due to its scalability, high throughp...
Ripple Labs and Societe Generale-Forge have partnered to integrate EURCV stablecoin on the XRP Ledger in 2025, aligning with SG-Forge's multi-chain plan. XRPL's scalability and high throughput make it an attractive protocol for EURCV issuance.
SG-Forge is licensed to administer EURCV, leveraging XRP Ledger's scalability, high throughput, and payment optimization to maximize user accessibility. EURCV will also utilize Ripple-backed custody solutions from Metaco.
Ripple Labs plans to launch RLUSD stablecoin on XRPL and Ethereum network, currently in advanced beta testing phase. The launch timeline depends on regulatory approval.
Ripple Labs Developers have partnered with Societe Generale-Forge to integrate the EURCV stablecoin on the XRP Ledger in 2025. SG-Forge aims to go multi-chain and has previously launched the stablecoin on Ethereum and Solana. The XRP Ledger is seen as attractive due to its scalability, high throughput, and optimization for payments. SG-Forge plans to issue EURCV at a large scale using XRPL's capabilities. Additionally, EURCV will utilize Ripple-backed custody solutions from Metaco.
Ripple also intends to launch the RLUSD stablecoin on both XRPL and Ethereum, with beta testing currently underway. The launch timeline depends on regulatory approval.
Ripple Labs Developers have inked a partnership with Societe Generale-Forge (SG-Forge) to integrate the EURCV stablecoin on the XRP Ledger (XRPL) in 2025. According to the SG-Forge announcement, the deployment of the EURCV stablecoin on XRPL aligns with its plan to go multi-chain. Previously, the protocol has launched the stablecoin on both the Ethereum and Solana protocols respectively.
XRP LEDGER – SCALABLE PROTOCOL FOR EURCV
SG-Forge highlighted that XRPL can handle up to 1,500 transactions per second, a technical capability that can boost its large scale EURCV issuance. Additionally, SG-Forge embraced the XRP Ledger because it is optimized for payments, with payment transactions now taking 50% of the total. EURCV will also leverage Ripple-backed custody solutions from Metaco.
RIPPLE STABLECOIN RLUSD AND THE LEDGER BOOST
Ripple Labs looks to tap into the stablecoin market, planning to launch the RLUSD stablecoin on both the XRPL and the Ethereum network. At the moment, the RLUSD stablecoin is in its advanced beta testing phase on the two blockchains. The timeline for the launch of the token remains unknown, pending regulatory approval.