Stellar Scores Big Institutional Deal, but XLM Price Still Drops

TL;DR:Societe Generale-FORGE has deployed EUR CoinVertible (EURCV), its MiCA-compliant stablecoin, on the Stellar network to enhance cross-border payments.Despite this institutional milestone, a ne...

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Stellar Scores Big Institutional Deal, but XLM Price Still Drops

Source: cryptonews.net

TL;DR:Societe Generale-FORGE has deployed EUR CoinVertible (EURCV), its MiCA-compliant stablecoin, on the Stellar network to enhance cross-border payments.Despite this institutional milestone, a negative Chaikin Money Flow (CMF) indicates a net capital ...