{"id":159574,"date":"2025-06-10T17:00:50","date_gmt":"2025-06-10T14:00:50","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=159574"},"modified":"2025-06-10T16:04:19","modified_gmt":"2025-06-10T13:04:19","slug":"societe-generale-expands-digital-finance-push-with-dollar-based-stablecoin-on-ethereum-and-solana","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/societe-generale-expands-digital-finance-push-with-dollar-based-stablecoin-on-ethereum-and-solana\/","title":{"rendered":"Societe Generale Expands Digital Finance Push with Dollar-Based Stablecoin on Ethereum and Solana"},"content":{"rendered":"
The token, dubbed USD CoinVertible (USDCV), is set to debut on both the Ethereum and Solana blockchains and is expected to go live in early July.<\/span><\/p>\n This marks the second major stablecoin initiative from the firm, following its previously launched euro-backed EURCV. While EURCV was one of the first regulated stablecoins in Europe under the EU\u2019s MiCA framework, the new dollar version targets a much broader and more competitive market.<\/p>\n To ensure transparency and regulatory robustness, SG Forge has partnered with BNY Mellon for custody of the reserves backing the token. The choice to involve one of Wall Street\u2019s most established names underscores Soci\u00e9t\u00e9 G\u00e9n\u00e9rale\u2019s strategy to bridge the gap between conventional finance and blockchain-based tools.<\/p>\n