Regulation & Policy

SocGen Debuts USD Stablecoin on Bullish Europe, Leverages MiCA

SocGen Debuts USD Stablecoin on Bullish Europe, Leverages MiCA

Societe Generale-FORGE (SG-FORGE), the specialized cryptocurrency subsidiary of the venerable French banking giant Societe Generale, has marked a significant milestone by selecting the European arm of the prominent crypto exchange Bullish as the initial platform to list its groundbreaking USD CoinVertible (USDCV) stablecoin. This strategic move underscores the growing convergence between traditional finance institutions and the burgeoning digital asset ecosystem, particularly within a clearly defined regulatory landscape. The dollar-denominated USDCV stablecoin, an innovation initially introduced by SG-FORGE across the Ethereum and Solana blockchain networks in June of this year, is now set to make its official debut on Bullish Europe. This partnership is not just about a listing; it signifies a robust step towards bridging institutional liquidity with regulated digital assets. Notably, Bullish Global, the parent company of Bullish Europe, also owns CoinDesk, adding another layer of in…

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