SocGen Launches USD-Pegged Stablecoin on Ethereum and Solana
French banking powerhouse Société Générale, through its crypto subsidiary SG-Forge, has launched a U.S. dollar-pegged stablecoin, USD CoinVertible (USDCV), marking a significant step in institutional crypto adoption across Europe. The announcement, made Tuesday, confirms the stablecoin’s launch on the Ethereum and Solana blockchains, offering new capabilities for 24/7 fiat-to-stablecoin conversions.