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Techub News reports, according to Bloomberg, Societe Generale-FORGE, the digital asset division of Societe Generale, announced that through its collaboration with blockchain company Consensys, it has introduced its USD CoinVertible token into MetaMask.
Techub News reported, according to Finance Feeds, Societe Generale-FORGE, the crypto subsidiary of Societe Generale, has deployed its euro-denominated stablecoin EUR CoinVertible (EURCV) to the Stellar network, completing the multi-chain expansion plan first announced in 2025. The stablecoin was first launched on Ethereum in April 2023, later expanded to Solana and XRP Ledger, and currently has a market cap of approximately $45.2 million. EURCV has participated in several tokenized financial asset trials, including the tokenized bond exchange and settlement pilot tested by SWIFT in January this year.
Techub News reported, according to Cointelegraph, that SG-FORGE, the digital asset division of Societe Generale, has expanded its euro-pegged stablecoin EUR CoinVertible (EURCV) to the XRP Ledger, marking the token's third blockchain deployment following Ethereum and Solana. EURCV utilizes Ripple's custody infrastructure, currently has a circulation of approximately 70.51 million tokens, is backed 1:1 by bank cash deposits or high-quality securities, aims to enhance institutional access to euro-backed tokens, and complies with the EU's MiCA regulations.
Techub News, according to unfolded, SG-FORGE, the digital asset subsidiary of Société Générale, announced that its euro stablecoin EURCV and dollar stablecoin USDCV have been officially deployed to the Ethereum ecosystem's DeFi protocols Morpho and Uniswap. This move enables users to borrow and lend using cryptocurrencies and tokenized funds as collateral on the Morpho platform, while also facilitating spot trading of stablecoins through Uniswap. Additionally, asset management firm MEV Capital will oversee the related vaults, set collateral rules, and handle defaults. Market liquidity will be supported by market maker Flowdesk to ensure smooth trading. Currently, EURCV has a market capitalization of approximately $66 million, while USDCV's market cap is $32.2 million, which remains relatively small compared to market leaders such as Circle's EURC ($260 million) and Tether's USDT ($174.8 billion).
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