Société Générale-Forge Launches US Dollar-Pegged Stablecoin USDCV

Société Générale-FORGE plans to launch USD CoinVertible (USDCV), a USD-backed stablecoin, on Ethereum and Solana in July 2025. The Bank of New York Mellon will act as the reserve custodian. USDCV will be available for trading outside the U.S., adhering to EU regulations, following the release of EUR CoinVertible.

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