#SocieteGenerale

3 articles tagged #SocieteGenerale — curated RWA tokenization coverage.

#MiCA #Stablecoins #BoerseStuttgart #Circle #DLTPilotRegime #Ethereum #EURCV #Europe #EuroStablecoins #Regulation

8.5

EURCV stablecoin from Société Générale S.A. - fully regulated euro token finds its place - Ad-hoc

Société Générale-FORGE has launched the EUR CoinVertible (EURCV), a fully regulated stablecoin pegged to the Euro and issued on the Ethereum blockchain. This initiative marks a significant milestone for institutional adoption, as it provides a compliant digital asset designed to bridge the gap between traditional banking and decentralized finance. By leveraging the ERC-20 standard, the token offers institutional investors a secure, transparent, and programmable way to manage Euro-denominated liquidity on-chain. The issuance is fully compliant with the European Union's Markets in Crypto-Assets (MiCA) regulation, setting a high bar for legal certainty in the stablecoin market. This development is crucial for the RWA sector because it demonstrates how major global financial institutions are actively integrating blockchain technology into their core treasury operations. The move signals a shift toward institutional-grade infrastructure that prioritizes regulatory adherence over purely speculative utility. As more banks adopt such frameworks, the EURCV serves as a foundational asset for future on-chain financial products, including bond settlements and cross-border payments.

#Ethereum #Stablecoins

Boerse Stuttgart taps SocGen, flatexDEGIRO for EU blockchain settlement push

8.0

Stocks

Boerse Stuttgart taps SocGen, flatexDEGIRO for EU blockchain settlement push

Boerse Stuttgart’s Seturion has partnered with Societe Generale, its crypto subsidiary SG-FORGE, and online broker flatexDEGIRO to establish a pan-European blockchain securities settlement system. Societe Generale will issue tokenized structured securities, including turbo warrants and investment certificates, on Seturion, with SG-FORGE facilitating settlements using its CoinVertible euro and dollar stablecoins, EURCV and USDCV. FlatexDEGIRO, serving 3.5 million customers across 16 countries, will connect its retail investor flow to the platform, while Nasdaq’s European trading venues will also integrate to support trading of these tokenized securities. This collaboration aims to reduce settlement costs and fragmentation, contributing to a unified European capital market for tokenized assets, and highlights the ongoing efforts by European financial institutions to build regulated blockchain infrastructure. Seturion has submitted a license application to Germany’s BaFin under the EU's DLT Pilot Regime.

#Stablecoins #Europe #SocieteGenerale

Cointelegraph — Tokenization·Jun 20

Euro Stablecoin Market Climbs to $900 Million Triggered by MiCA

8.0

Stablecoins

Euro Stablecoin Market Climbs to $900 Million Triggered by MiCA

The Euro-denominated stablecoin market has reached a valuation of $900 million, driven largely by the implementation of the European Union's Markets in Crypto-Assets (MiCA) regulation. This regulatory framework provides a clear legal environment for issuers, fostering increased institutional confidence and adoption across the region. Major players such as Circle, with its EURC stablecoin, and Société Générale-FORGE, with its EURCV, are actively expanding their presence to capitalize on this newfound clarity. By establishing strict reserve requirements and operational standards, MiCA mitigates risks that previously hindered the growth of non-USD stablecoins. This shift is significant for the RWA market as it signals a transition toward regulated, fiat-backed digital assets that can facilitate seamless cross-border settlements. As liquidity in Euro stablecoins grows, it creates a more robust infrastructure for tokenized financial instruments and decentralized finance applications within the Eurozone. Ultimately, this trend positions the Euro as a more competitive currency in the global digital asset ecosystem, potentially reducing reliance on USD-pegged alternatives.

#MiCA #Circle #EuroStablecoins

harianbasis.co·Jun 5

#SocieteGenerale

EURCV stablecoin from Société Générale S.A. - fully regulated euro token finds its place - Ad-hoc

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Boerse Stuttgart taps SocGen, flatexDEGIRO for EU blockchain settlement push

Euro Stablecoin Market Climbs to $900 Million Triggered by MiCA