#USDCV

Societe Generale Lists MiCA-Compliant Dollar Stablecoin on MetaMask

Societe Generale-FORGE has integrated its MiCA-compliant dollar stablecoin, USD CoinVertible (USDCV), into the MetaMask wallet through a strategic partnership with Consensys. This development allows MetaMask users to access a regulated dollar-pegged asset issued by a major European financial institution. USDCV is fully backed by cash and cash-equivalent reserves and is redeemable at a 1:1 ratio, ensuring stability and regulatory transparency. By leveraging the infrastructure of Consensys, Societe Generale-FORGE aims to broaden the accessibility of compliant digital assets for retail and institutional participants. This move highlights the growing trend of traditional banks utilizing blockchain technology to bridge the gap between legacy finance and decentralized ecosystems. The integration follows the successful launch of the firm's euro-denominated stablecoin, EUR CoinVertible, which has already expanded across multiple blockchain networks. This expansion signifies a broader commitment by Societe Generale to establish a robust, multichain presence for its regulated digital currency offerings.

coinmarketcap.com·3h ago