Societe Generale Launches MiCA-Compliant Euro Stablecoin on Stellar

Edgen Crypto

·Mar 10 2026, 20:37

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Key Takeaways

Societe Generale's digital asset subsidiary, SG-FORGE, has launched its fully regulated, euro-backed stablecoin on the Stellar network. This strategic deployment aims to bridge traditional banking with decentralized finance, leveraging Stellar's infrastructure for institutional-grade payments.

Societe Generale-FORGE has deployed its EUR Coin Vertible (EURCV) stablecoin on the Stellar network as of March 10, 2026.
The EURCV is one of the first stablecoins launched by a major bank to be fully compliant with Europe's Markets in Crypto-Assets (MiCA) regulation.
The launch validates Stellar as a key platform for institutional finance, positioning it to facilitate regulated cross-border payments and tokenized assets.

Societe Generale Deploys MiCA-Compliant Stablecoin on Stellar

On March 10, 2026, Societe Generale-FORGE, the digital asset division of the French banking giant, launched its euro-backed stablecoin, EUR Coin Vertible (EURCV), on the Stellar blockchain. This move marks a significant expansion of the bank's multichain strategy for regulated digital assets. The EURCV is fully compliant with the European Union's Markets in Crypto-Assets (MiCA) framework, providing a regulated, bank-issued digital currency for on-chain transactions.

Stellar Gains Institutional Validation for Cross-Border Payments

The integration of EURCV provides a major boost to the Stellar network's credentials as an institutional-grade financial infrastructure. By hosting a stablecoin from a globally systemic bank, Stellar reinforces its utility for facilitating secure and efficient cross-border payments. This partnership positions Stellar to attract more traditional financial players looking to tokenize real-world assets (RWAs) and develop new financial services, increasing its competitiveness against other layer-1 blockchains. The move signals a growing validation of public blockchains for enterprise use cases under clear regulatory guidelines.