Bullish Europe Offers Societe Generale’s USDCV Stablecoin for Trading
BaFin-regulated Bullish Europe is the first crypto exchange to offer Societe Generale – FORGE’s stablecoin, USD CoinVertible (USDCV).
- Bullish Europe partnered with Societe Generale – FORGE, expanding access to regulated crypto assets.
- The USDCV is a MiCA-compliant USD-pegged stablecoin, backed 1:1 with cash or high-quality collateral.
- Target investors include institutional, corporate, and retail investors seeking regulated digital assets.
- USDCV will be traded on Bullish Europe; custody managed by trusted banking partners.
- Marco Bodewein, CEO of Bullish Europe, emphasizes the exchange's role in providing compliant digital asset trading services.
Societe Generale's Stablecoin Strategy
- Societe Generale launched the USDCV stablecoin in June 2025, leveraging Ethereum and Solana platforms.
- BNY was chosen as the custodian for these stablecoins.
- The move aligns with favorable stablecoin regulatory frameworks like GENIUS and Clarity Acts in the US.
- Other market players are also exploring fiat-pegged digital assets to reduce costs.