Société Générale-Forge Launches Dollar-Pegged Stablecoins on Ethereum & Solana

Société Générale-Forge (SG-Forge), the crypto arm of French banking giant Société Générale, has launched new dollar-pegged stablecoins, USD CoinVertible (USDCV) to be deployed on both Ethereum and Solana blockchains. The latest move follows a similar initiative in April 2023 with the introduction of EUR CoinVertible (EURCV), offering euro-denominated stablecoins for institutional clients.