EUR Coinvertible (EURCV), backed by Societe Generale Forge, begins trading on Bitstamp

Luxembourg-based Bitstamp’s listing expands its access to retail traders and marks the first time a Euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange. The stablecoin market is dominated by cryptocurrency-based companies such as Tether, the developer of USDT, and Circle, which uses USDC, both pegged to the US dollar.