BCB and Societe Generale–FORGE reach cooperation to promote the euro stablecoin EURCV

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According to ChainCatcher, citing CoinDesk, BCB Markets (the trading division of crypto payment company BCB Group) has announced a partnership with Societe Generale–FORGE, the digital assets subsidiary of French banking giant Societe Generale, to promote its euro stablecoin EURCoinVertible (EURCV).

Launched in April 2023, EURCV is one of the first stablecoins to comply with the European Union's Markets in Crypto-Assets (MiCA) regulatory framework. The stablecoin is backed by cash reserves, pegged to the euro, primarily targeting institutional users, and aims to bring stability and regulatory clarity to the European stablecoin market.

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