The euro stablecoin space just gained a powerful new player. SG-Forge — the digital asset subsidiary of French banking giant Société Générale — has officially launched EURO CV (CoinVertible), a fully compliant euro-denominated stablecoin designed for institutional financial markets.
The launch was carried out in partnership with BCB Group, a key European provider of crypto payment infrastructure. BCB will integrate EUROCV into its payment rails and trading ecosystem, enabling seamless fiat-crypto onramps for institutional clients across Europe.
Unlike most unregulated euro stablecoins, EUROCV is backed 1:1 by euros and governed under MiCAR-compliant frameworks, with assets held in a bankruptcy-remote trust structure and on-chain transparency for daily proofs.
The goal? To bridge traditional finance and blockchain by offering a regulated, programmable euro instrument that can be deployed in DeFi, settlements, and tokenized securities. With full integration into the Ethereum blockchain, the asset is already being tested across pilot projects involving tokenized bonds and digital euro settlements.The move highlights a growing institutional appetite for regulated stablecoin infrastructure in Europe, especially as MiCAR enforcement nears. SG-Forge and BCB Group are now positioning EUROCV as the standard for compliant euro liquidity on-chain.
