usdcv

🏦 Societe Generale launched a new #stablecoin pegged to the US dollar called USD CoinVertible #USDCV . It will be issued on #Ethereum and #solana . BNY Bank will act as custodian.

🚨 New Stablecoin from Société Générale: USD CoinVertible 💵
🌍 Crypto Just Got More Global – Here’s Why It Matters 🔍

Société Générale Launches NEW USD‑BACKED STABLECOIN
MASSIVE Ripple Transfer Signals Potential MOVE

📅 June 10, 2025

Will This New Stablecoin Challenge USDT? 🤔
New Whale Move – Should You Worry? 🐋

French banking giant Société Générale, through its crypto arm SG-FORGE, is launching USD CoinVertible (USDCV) — a new stablecoin pegged 1:1 to USD, set to go live on Ethereum and Solana in early July. Backed by BNY Mellon as custodian and compliant with EU MiCA regulations, USDCV brings European-grade trust to the $254 b stablecoin market.

🔍 Why This Is Big:

💼 First major European bank to introduce a dollar‑pegged stablecoin

🔐 Institutional-grade structure: audited, MiCA‑compliant, with daily reserve disclosure

🌍 Use cases: global trading, fast cross‑border payments, on‑chain settlements, FX, and collateral management

⚠️ Not available to U.S. citizens, focusing on EMEA regions only.

🧭 Market Implications:

Competes with giants like Tether (USDT) and Circle’s USDC in the institutional stablecoin space

Reinforces the push by European banks into tokenized financial services

Could accelerate adoption of blockchain-based fiat alternatives for everyday global finance

💬 Discussion Prompt:

Do you think regulated bank-issued stablecoins like USDCV will fuel mainstream crypto adoption?

What could this mean for payment systems and DeFi protocols?

👇 Let us know your thoughts in the comments!

#stablecoin #CryptoNews #SGFORGE #USDCV #DigitalAssets

🏦 #UNI #Morpho The cryptocurrency division of Societe Generale is placing #EURCV and #USDCV stablecoins on Uniswap and Morpho. coindesk

Societe Generale, the third largest bank in France, launches USD-pegged stablecoin USDCV, issued by its subsidiary SG-Forge on Ethereum and Solana, expected to trade from July 2025. With a global stablecoin market capitalization reaching $250 billion (according to CoinMarketCap, as of June 11, 2025), USDCV complies with EU law #MiCA and is custodied by BNY Mellon, providing reliability for crypto transactions, cross-border payments, and DeFi.
As the first stablecoin from a major European bank, #USDCV competes with USDT and $USDC , while reflecting the trend of financial institutions like JPMorgan Chase and Deutsche Bank entering the market. The combination of traditional finance and blockchain by Societe Generale strengthens the potential of stablecoins, opening opportunities for decentralized financial applications in Europe and the US.
Risk warning: Investing in cryptocurrency carries high risks due to strong price volatility. #anhbacong

🚨 Societe Generale Launches USD Stablecoin on Ethereum & Solana
🌐 Global banking giant Societe Generale, via its digital asset arm SG-FORGE, has officially launched a USD-pegged stablecoin — ‘USDCV’ — on both the Ethereum and Solana networks.
🔹 TradFi meets DeFi: a regulated bank-issued stablecoin enters the Web3 arena
🔹 Multi-chain support (ETH + SOL) boosts accessibility and interoperability
🔹 A bold step in bridging traditional finance with the decentralized future
🌐 This move positions SocGen at the forefront of institutional blockchain adoption, signaling deeper integration between legacy finance and digital assets.
🏛 Is this the beginning of mainstream stablecoin issuance by global banks?
#SocieteGenerale #USDCV #Stablecoin #Ethereum #Solana

💶 Société Générale x Morpho: When TradFi Finally Meets DeFi

@Morpho Labs 🦋 #Morpho $MORPHO

It’s official — Société Générale-FORGE (SG-FORGE), the regulated digital asset arm of France’s largest bank, has chosen Morpho as its DeFi lending infrastructure.

This isn’t just another partnership — it’s the moment when traditional finance quietly steps into decentralized lending.

🏦 The Bridge Between Banks and DeFi

SG-FORGE’s stablecoins — EURCV and USDCV — are now live across DeFi, powered by Morpho Vaults curated by MEV Capital. That means institutions can lend, borrow, and earn yields in fully compliant environments — while still tapping into the open liquidity of decentralized markets.

With Flowdesk providing market-making and Uniswap ensuring liquidity, the ecosystem is already primed with day-one depth.

This partnership achieves something critics thought impossible: regulated finance operating safely inside permissionless infrastructure.

💡 Why It Matters

By integrating Morpho, Société Générale isn’t replacing its systems — it’s extending them globally.

DeFi turns local balance sheets into borderless loan books.

A business in Warsaw can now access credit from Paris — instantly.

A saver in France can fund liquidity in Asia — and earn in euros.

All with transparency, compliance, and blockchain finality.

Morpho’s open architecture lets fintechs, exchanges, and now banks tap the same backend — noncustodial, auditable, and yield-optimized.

🌍 The Universal Backend of Finance

This integration marks the first time a globally systemically important bank has built directly on DeFi rails — a clear signal that Morpho isn’t just a protocol, it’s becoming the financial operating layer of the blockchain world.

As more institutions follow Société Générale’s lead, one truth is becoming impossible to ignore:

The future of global finance isn’t centralized or decentralized — it’s interoperable, and Morpho is writing that code.

#EURCV #USDCV

The German multinational corporation Deutsche Borse Group announced a partnership with the French financial company Societe Generale Group and its subsidiary Societe Generale-FORGE (SG-FORGE) for the integration of stablecoins CoinVertible ($EURCV and $USDCV) into its financial markets and post-trading infrastructure.

As part of the first phase of cooperation, CoinVertible will be used as a settlement and collateral instrument in the clearing processes, collateral management, and treasury operations of Clearstream — the post-trading division of Deutsche Borse Group.

Also, the stablecoins SG-FORGE will receive a new listing on the digital trading platforms of Deutsche Borse Group, which is expected to enhance their liquidity.

Furthermore, the parties plan to assess the possibility of broader integration of euro and US dollar CoinVertible into the entire service portfolio of Deutsche Borse Group, which will increase the number of use cases for stablecoins, fully compliant with the requirements of the Markets in Crypto Assets (MiCA) regulation and aimed at financial institutions.

#EURCV #USDCV #stablecoins

Geopolitical Tensions

Ongoing conflicts in the Middle East caused a flight to safety.

Investors shifted to gold (+1.1%), pulling funds from high-risk assets like crypto.

2. 📈 Institutional Interest Still Strong

Spot Bitcoin ETFs saw $1.07B in inflows in just 4 days.

ETH ETFs recorded $296M inflows last week—marking 7 consecutive weeks of positive demand.

3. 💵 Stablecoin Evolution

Société Générale to launch USD CoinVertible (USDCV)—a dollar-pegged stablecoin on Ethereum & Solana.

Backed by BNY Mellon, it’s Europe’s first bank-issued stablecoin.#MarketPullback #IsraelIranConflict #USDCV