EURCV
EUR CoinVertible
$1.1557
0.21%
EUR CoinVertible
EURCV
$1.1557
0.21%
EUR CoinVertible Price Converter
EUR CoinVertible Information
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About EUR CoinVertible
EUR CoinVertible (EURCV) is a euro-backed electronic money token issued by Société Générale–FORGE (SG-FORGE), a regulated subsidiary of Société Générale. Fully compliant with the EU’s MiCA regulation, EURCV is pegged 1:1 to the euro and backed by segregated fiat reserves held at Société Générale. It is available on Ethereum and Solana public blockchains and designed for institutional use. EURCV enables cross-border payments, after-hours settlement, euro-denominated smart contracts, and DeFi integration. Institutional users can acquire EURCV by sending euros to SG-FORGE and redeem it at par value, subject to regulatory compliance. Redemption is available to eligible holders in the EEA, either directly or through approved partners such as Bitstamp. SG-FORGE manages issuance and custody while providing transparency and operational safeguards. EURCV combines the benefits of blockchain technology with the structure and control of traditional financial systems.
CoinVertible is a stablecoin initiative developed by Société Générale–FORGE (SG-FORGE), a regulated subsidiary of the Société Générale group. The project issues electronic money tokens (EMTs) — USD CoinVertible (USDCV) and EUR CoinVertible (EURCV) — each pegged 1:1 to their respective fiat currencies and backed by fully segregated reserves held at BNY Mellon (USD) and Société Générale (EUR).
The tokens are available on public blockchains including Ethereum (ERC-20) and Solana, and are designed to operate within both traditional financial systems and decentralised finance (DeFi) infrastructure. CoinVertible is fully compliant with the European Markets in Crypto-Assets Regulation (MiCA), effective since July 2024.
SG-FORGE is licensed by the French ACPR as an Electronic Money Institution, authorised as an investment firm, and registered as a Digital Asset Service Provider (DASP/PSAN) with the AMF. The CoinVertible tokens are aimed at institutional use and financial infrastructure applications.
EUR CoinVertible (EURCV) is a euro-backed electronic money token designed for use in institutional and digital financial activities. It offers blockchain-based access to a fiat-denominated stable asset and is used primarily by corporates, financial intermediaries, and regulated platforms.
Its key use cases include:
- Cross-border payments with near-instant settlement.
- Digital payments across crypto-native or tokenised ecosystems.
- After-hours settlement, enabled by 24/7 blockchain availability.
- Currency hedging and euro-denominated value storage.
- DeFi integration, enabling collateralisation, lending, or liquidity provisioning.
- Smart contract execution in euro terms.
- Real-time FX operations when used with other CoinVertible tokens such as USDCV.
Institutional users can subscribe to EURCV by transferring euros to SG-FORGE, receiving an equivalent amount of tokens. Redemption is available 1:1 for euros to eligible EEA-based holders, either directly or via designated partners like Bitstamp.
EURCV is issued by Société Générale–FORGE (SG-FORGE), a wholly owned subsidiary of Société Générale. Incorporated in March 2020, SG-FORGE operates under French regulation as an Electronic Money Institution, investment firm, and Digital Asset Service Provider.
Leadership includes:
- Jean-Marc Stenger – Chief Executive Officer (CEO)
- Stéphane Duzan – Chief Operating Officer (COO)
- David Durouchoux – Head of Primary Markets
SG-FORGE manages issuance, compliance, and collateral custody. The tokens and operations are fully integrated within the broader infrastructure of Société Générale.
