‘Worst code I’ve ever seen’: Euro stablecoin faces centralization criticism By Cointelegraph

Criticism has been leveled at a new euro-pegged stablecoin released in France due to a decision to restrict peer-to-peer transactions.

French bank Societe Generale-Forge (SGF) released the Ethereum-based stablecoin called EUR CoinVertible (EURCV) on April 20, which is available to only qualified institutional clients.