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Bitpanda to Offer SG-FORGE’s Regulated Stablecoins to Retail Customers

Bitpanda partners with Societe Generale-FORGE to bring Europe’s first bank-issued, MiCA-compliant stablecoins to retail DeFi users, enabling onchain lending and borrowing.

UNI
MORPHO

Summary

Bitpanda has expanded its collaboration with Societe Generale-FORGE to offer SG-FORGE’s EURCV and USD CoinVertible stablecoins to retail customers in Europe. This marks the first time retail users can access these stablecoins for DeFi lending and borrowing on platforms like Morpho and Uniswap. The stablecoins comply with the EU’s MiCA framework, offering a bridge between traditional finance and decentralized finance (DeFi).

Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset, such as a fiat currency, to reduce price volatility.
  • MiCA Framework: EU regulatory framework for crypto-assets, aiming to standardize rules and ensure compliance across member states.
  • DeFi (Decentralized Finance): Financial services built on blockchain networks that operate without intermediaries, enabling lending, borrowing, and trading directly onchain.