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SocGen
Societe Generale Conducts Blockchain-Based Repo Transaction With French Central Bank
SocGen is claiming bragging rights as the first to conduct an on-chain repo transaction with a European central bank.
Cat-Themed Memecoins Soar; India Supreme Court's YouTube Hacked to Promote XRP
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as cat-themed tokens saw gains after the U.S. Federal Reserve cut rates by 50 basis points. Plus, the YouTube page of India’s Supreme Court was hacked to promote XRP, and SocGen's crypto unit will roll out its euro stablecoin on the Solana blockchain.
Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral
In a proposal Thursday on MakerDAO's governance forums, French multinational banking giant Société Générale (SocGen) applied for the DeFi lending platform to accept on-chain bond tokens issued by the bank as collateral for a stablecoin DAI loan for up to $20 million. "The Hash" panel discusses the historic step towards institutional adoption of DeFi.