Societe Generale-FORGE and Bitpanda will make SG‑FORGE’s EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) available to retail users across Europe via Bitpanda’s DeFi Wallet, marking the first broad retail distribution of these bank‑issued, MiCA‑compliant stablecoins and potentially reaching nearly 7 million investors.

This matters because it brings regulated euro and dollar settlement assets directly into consumer DeFi under MiCA’s e‑money token regime, strengthening the on‑chain rails that European fintechs and protocols can rely on. It follows SG‑FORGE’s 2025 steps to institutionalize issuance: launching USDCV on Ethereum and Solana with BNY Mellon as reserve custodian and extending EURCV to Stellar as part of a multichain strategy.

For Bitpanda, the integration deepens its wallet’s role as a compliant gateway, enabling EUR‑denominated liquidity for lending markets, DEX pairs, and cross‑border payment flows.

Taken together, the move signals intensifying competition for euro liquidity in DeFi as bank‑issued tokens challenge USDC/USDT dominance and accelerate the shift toward regulated, euro‑native settlement on public chains.