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Societe Generale-FORGE Extends Euro Stablecoin EURCV to Stellar

The expansion underscores a MiCA-compliant, fully backed model built for faster, low-fee settlement.

Overview

  • SG-FORGE launched EURCV on the Stellar blockchain on March 10, 2026, adding to prior deployments on Ethereum and the XRP Ledger.
  • The issuer says reserves consist of bank deposits and high-quality liquid assets to maintain a 1:1 peg with the euro.
  • Stellar integration brings rapid confirmation, minimal transaction costs, native tokenization features and a built-in decentralized exchange suited to cross-border payments and micropayments.
  • EURCV targets institutional workflows including real-time settlement, tokenized asset platforms and connections to blockchain-based financial services.
  • Since debuting on Ethereum in April 2023, EURCV’s market capitalization has been reported at about $452 million, with pilots including tokenized bond settlements involving SWIFT.