Bullish has become the first exchange to list Société Générale-FORGE’s EUR CoinVertible (EURCV) and the newly launched USD CoinVertible (USDCV) stablecoins. This expands on Bullish's initial offering of EURCV in June.

Both EURCV and USDCV are designed to be compliant with the European Union's Markets in Crypto-Assets (MiCA) regulation, signaling a move towards more regulated digital assets. SG-FORGE, a subsidiary of the French banking giant, provides daily public disclosures on the collateral backing these stablecoins, aiming to increase transparency.

The listing of these bank-issued stablecoins on a regulated exchange highlights the growing trend of traditional financial institutions entering the digital asset space. This provides institutional and retail investors with a regulated alternative to existing stablecoins and signals a maturing market under the new European regulatory framework.