Breaking: $40B Bank To Launch Dollar Backed Stablecoin On Ethereum And Solana

Q: How long will it take to read this news story?

The story "Breaking: $40B Bank To Launch Dollar Backed Stablecoin On Ethereum And Solana" has 175 words across 32 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Breaking: $40B Bank To Launch Dollar Backed Stablecoin On Ethereum And Solana" was covered 16 hours ago by CoinGape, a news publisher based in India.

Q: How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news. The outlet is headquartered in India and publishes an average of 30 news stories per day. It's most recent story was published 11 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28881586</li><li>URL: https://pyramidalism.beamstart.com/news/breaking-40b-bank-to-launch-17477707102952</li></ul>

CoinGape Logo CoinGape 16h ago

Breaking: $40B Bank To Launch Dollar Backed Stablecoin On Ethereum And Solana - CoinGape

Quick Summary:

The French banking heavyweight is tapping Ethereum for the stablecoin rollout with further plans to extend to Solana.

EthereSociété Générale’s cryptocurrency division SG Forge is deepening its footprint in digital assets with the launch of a US dollar-backed stablecoin.

For now, a clear timeline for the stablecoin launch is still under wraps, but the report sheds light on key details.