# EURCV: EUR CoinVertible

EURCV is Société Générale–FORGE’s bank-issued euro stablecoin for onchain settlement and digital-asset markets.

## Key details

- **Issuer:** Société Générale–FORGE
- **Reference currency:** EUR
- **Backing model:** Euro-denominated reserve assets
- **Created:** 2023-04-20

## About

SG-FORGE began in 2018 as one of Société Générale’s internal startups exploring blockchain capital markets. It grew into a dedicated regulated subsidiary for tokenized securities and settlement, then launched EUR CoinVertible in 2023 as an institutional euro stablecoin.

## Supported chains

- Ethereum
- Solana
- Stellar
- XRP Ledger

- **Reference contract:** `0x5F7827FDeb7c20b443265Fc2F40845B715385Ff2` (Ethereum)

## Legal jurisdiction

European Economic Area (France)

MiCA e-money token issued by SG-FORGE, a French electronic money institution and MiFID II-regulated investment firm.

## Sources

- [Official site](https://www.sgforge.com/product/coinvertible/)
- [Société Générale–FORGE](https://www.sgforge.com/societe-generale-forge-launches-coinvertible-the-first-institutional-stablecoin-deployed-on-a-public-blockchain/)
- [SG-FORGE CoinVertible](https://www.sgforge.com/product/coinvertible/)

This directory is for research, not an endorsement or an availability promise from Fiber. Stablecoin designs, reserves, networks, and redemption terms can change.

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