The French banking group’s digital asset arm expanded its MiCA-compliant euro-backed stablecoin as part of a multichain strategy for regulated digital asset infrastructure.
Societe Generale-FORGE, the crypto arm of French banking company Societe Generale, has deployed its euro-denominated stablecoin on the Stellar blockchain, completing a multichain expansion first announced in 2025.
The stablecoin, known as EUR CoinVertible (EURCV), is designed to comply with the European Union’s Markets in Crypto-Assets (MiCA) framework and represents a tokenized euro issued by the company for use in digital asset markets.
According to the company, the Stellar deployment is intended to broaden the stablecoin’s use across blockchain-based financial applications and tokenized asset services.
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