Stellar Scores Big Institutional Deal, but XLM Price Still Drops

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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 outflow and a lack of investor conviction. XLM is currently trading at $0.156, with a $3.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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