Societe Generale Launches Euro-Pegged Stablecoin on Ethereum

December 7th, 2023
Societe Generale FORGE introduces EUR CoinVertible (EURCV), a Euro-tied stablecoin on the Ethereum blockchain, backed by cash and equivalents. Offering EURCV/USDT and EURCV/EUR pairs on Bitstamp, with liquidity by Flowdesk, it marks a major European bank's entry into stablecoins. Whitelisted investors with KYC and AML checks can access it, following the bank's successful €100M digital bond issuance on Ethereum.
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