Societe Generale Enters Stablecoin Market with USDCV Launch

French financial giant Societe Generale’s crypto arm, SG Forge, is set to join the USD-backed stablecoin race with USD CoinVertible (USDCV). This launch follows the success of its MiCA-compliant euro stablecoin, EUR CoinVertible (EURCV). USDCV will be available on both Ethereum and Solana blockchains, offering fast and efficient transactions. While an exact launch date is yet to be announced, it’s expected to begin in early July 2025.