{"id":11501,"date":"2025-09-23T11:07:51","date_gmt":"2025-09-23T11:07:51","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bullish-europe-partners-with-societe-generale-forge-to-launch-regulated-usdcv-stablecoin\/"},"modified":"2025-09-23T11:07:54","modified_gmt":"2025-09-23T11:07:54","slug":"bullish-europe-partners-with-societe-generale-forge-to-launch-regulated-usdcv-stablecoin","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bullish-europe-partners-with-societe-generale-forge-to-launch-regulated-usdcv-stablecoin\/","title":{"rendered":"Bullish Europe partners with Societe Generale-FORGE to launch regulated USDCV stablecoin"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bullish Europe has become the first exchange to list Societe Generale-FORGE\u2019s USD CoinVertible (USDCV), a fully MiCA-compliant U.S. dollar\u2013pegged stablecoin.<\/p>\n<div id=\"cn-block-summary-block_fcac686d82ad02aad66632fbe6370a22\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>USDCV joins EUR CoinVertible (EURCV), a euro-backed MiCA-compliant stablecoin launched in April 2023, broadening SG-FORGE\u2019s regulated stablecoin offering.<\/li>\n<li>The launch of USDCV comes amid the overwhelming dominance of dollar-backed stablecoins in Europe, which now account for 99% of the market.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Bullish Europe <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/Bullish\/status\/1970371873499423208\">announced<\/a> today that it has become the first exchange to offer Societe Generale-FORGE\u2019s USD CoinVertible (USDCV), a new U.S. dollar\u2013pegged stablecoin designed for institutional, corporate, and retail investors seeking regulated digital assets. <\/p>\n<p>USDCV is fully compliant with the European Markets in Crypto-Assets Regulation, and its reserves are backed 1:1 with cash or high-quality collateral. The stablecoin will be available for trading on Bullish Europe through regulated infrastructure, with custody arrangements handled by trusted banking partners.<\/p>\n<p>\u201cWe are proud to be the first to offer USDCV and to increase the availability and range of regulated stablecoins for our institutional investors. This offering further highlights Bullish\u2019s position as a leading venue for institutional-grade liquidity and compliant digital asset trading services,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/bullish.com\/news-insights\/news\/bullish-europe-becomes-the-first-to-offer-societe-generale-forges-usdcv-stablecoin-expanding-access-to-regulated-crypto-assets\/\" target=\"_blank\" rel=\"nofollow\">said<\/a>\u00a0Marco\u00a0Bodewein, CEO of Bullish Europe.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Societe Generale-FORGE stablecoin expansion<\/h2>\n<p>The launch of USDCV expands Societe Generale-FORGE\u2019s growing stablecoin offering, which already includes euro-pegged EUR CoinVertible (EURCV) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/bullish.com\/digital-assets\/eur-coinvertible\/\" target=\"_blank\" rel=\"nofollow\">launched<\/a> in April 2023.<\/p>\n<p>EURCV has a circulating supply of approximately 42 million tokens, with a market cap approximately $66.35 million, which positions it as the third largest euro-backed stablecoin, after EURC (EURC) and STASIS EURO (EURS), according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/view\/eur-stablecoin\/\" target=\"_blank\" rel=\"nofollow\">CoinMarketCap<\/a>.<\/p>\n<p>\u201cAfter the release of a MiCA-compliant EUR stablecoin (EURCV), the launch of a US Dollar version (USDCV) was the obvious next step for Societe Generale\u2013FORGE as market adoption of stablecoins is growing exponentially,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sgforge.com\/usd-stablecoin-bny-custodian\/\" target=\"_blank\" rel=\"nofollow\">said<\/a> Jean-Marc Stenger, Chief Executive Officer of Societe Generale.<\/p>\n<p>The launch of USDCV comes at a time when dollar-denominated stablecoins are rapidly dominating the European market, raising strategic and regulatory concerns. ECB advisor J\u00fcrgen Schaaf has noted that U.S. dollar\u2013pegged stablecoins account for 99% of the global stablecoin market, while euro-denominated alternatives remain minimal. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bullish Europe has become the first exchange to list Societe Generale-FORGE\u2019s USD CoinVertible (USDCV), a fully MiCA-compliant U.S. dollar\u2013pegged stablecoin. Summary USDCV joins EUR CoinVertible (EURCV), a euro-backed MiCA-compliant stablecoin&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11501"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11501\/revisions"}],"predecessor-version":[{"id":11502,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11501\/revisions\/11502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/10995"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}