what's SG Forge?
Société Générale - FORGE (SG Forge) is the digital asset subsidiary of the French banking group Société Générale, specializing in blockchain-based financial products and services. It enables the issuance, management, and trading of digital-native assets such as security tokens and stablecoins on public blockchains, bridging traditional capital markets with decentralized finance (DeFi). SG Forge operates under regulatory frameworks like MiCA in the EU, providing custody, oracle integrations, and liquidity solutions for institutional and retail users. Key offerings include stablecoins like EUR CoinVertible (EURCV) and USD CoinVertible (USDCV), which are fully backed 1:1 by fiat reserves held by custodians such as BNY Mellon. These stablecoins are deployed on networks like Ethereum, Solana, and XRP Ledger, and integrated into DeFi protocols such as Uniswap for trading and Morpho for lending. SG Forge leverages partnerships with platforms like Bitpanda and Bullish to expand access, focusing on compliant, efficient on-chain financial infrastructure while maintaining security through audited smart contracts and real-world asset (RWA) tokenization capabilities.
USDCV and EURCV are fast-growing RWAs on Ethereum, with USDCV 3rd in 30-day TVL growth.
Integrated with Safe's multisig interface to enable institutions and treasuries to allocate holdings into Steakhouse Finance's EURCV Vault for accessing yield on $EURCV token.
USDCV ranks as the 3rd fastest growing RWA on Ethereum based on 30-day TVL growth, with EURCV also appearing among the fastest growing RWAs.
USDCV ranks as one of the fastest growing Real World Assets based on 30-day TVL growth percentage.
USDCV and EURCV list on 1inch DEX with Flowdesk providing liquidity as a new resolver partner.
Visa Stablecoin report highlights Société Générale as a risk curator aggregator in the DeFi lending space, representing institutional participation in protocol liquidity aggregation.
Major bank Societe Generale launches USD-pegged stablecoin on Ethereum and Solana with BNY Bank custody.