Societe Generale-FORGE Deploys EURCV on Stellar Amid Europe Stablecoin Push

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  • Societe Generale-FORGE deploys EURCV on Stellar to expand euro stablecoin access across blockchain financial markets and payments.

  • EURCV stablecoin now operates across Ethereum, Solana, XRP Ledger, and Stellar under the MiCA regulated digital asset framework.

  • Dollar stablecoins still dominate global markets while Europe pushes regulated euro stablecoins like EURCV for digital finance.

Societe Generale-FORGE has deployed its euro-denominated stablecoin on the Stellar blockchain. The launch expands the company’s multichain strategy announced in 2025. The stablecoin, called EUR CoinVertible (EURCV), represents a tokenized euro used in digital asset markets. The company designed the asset to comply with the European Union’s Markets in Crypto-Assets framework.

@SocieteGenerale completes EURCV deployment.

The digital asset arm of the French banking group, Societe Generale-FORGE, has announced the deployment of its EURCV stablecoin on the Stellar blockchain.

Previously, EURCV had been launched on Ethereum, Solana, and XRP Ledger, with… pic.twitter.com/XYVGGmxtG9

— TU Airdrop Daily (@daily_tu69577) March 11, 2026

The Stellar deployment aims to expand the stablecoin’s role across blockchain financial applications. The network supports tokenized assets and digital payment infrastructure. As a result, the company expects broader access for institutions using blockchain settlement systems. The integration also supports trading activity connected to tokenized financial instruments.

EURCV has been operating under a regulated digital asset structure. The token follows strict requirements set by the MiCA regulatory framework. The framework governs stablecoin issuers operating within the European Economic Area. Consequently, the asset fits into Europe’s regulated digital finance environment.

Stellar Network Expands Stablecoin Utility

Societe Generale-FORGE selected the Stellar blockchain to support financial applications linked to tokenized assets. The network processes transactions quickly and keeps fees relatively low. These features support financial institutions testing blockchain settlement systems. Therefore, the integration improves operational flexibility for blockchain-based payments.

Stellar also includes tools designed for digital asset issuance. Developers can create tokenized financial instruments directly on the network. In addition, the blockchain includes a built-in decentralized exchange. This exchange allows users to trade assets directly onchain without centralized platforms.

The network structure supports settlement and trading activity across digital financial infrastructure. Consequently, stablecoins can move between applications more efficiently. Financial institutions also gain access to tokenized assets and blockchain payment systems. These capabilities support wider experimentation with digital financial services.

EURCV Expands Across Multiple Blockchain Networks

Societe Generale-FORGE launched EUR CoinVertible on Ethereum in April 2023. The stablecoin maintains full backing through bank deposits and high-quality liquid assets. Each token remains supported by reserves on a one-to-one basis. DefiLlama data places the stablecoin’s market capitalization near $452 million.

The Stellar deployment follows another network expansion announced earlier. SG-FORGE introduced EURCV on the XRP Ledger several weeks ago. That integration marked the token’s third blockchain network after Ethereum and Solana. The Stellar launch therefore adds another blockchain environment for the stablecoin.

The token has also appeared in institutional financial experiments. In January, the SWIFT banking network included EURCV in a settlement pilot. The test demonstrated the exchange and settlement of tokenized bonds. The program used both traditional currencies and blockchain-based assets.

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