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Societe Generale-FORGE and Bitpanda Partner to Offer Regulated Stablecoins
Societe Generale-FORGE (SG-FORGE) and the Austrian cryptocurrency exchange Bitpanda are expanding their partnership to integrate regulated stablecoins into the DeFi space.
- Bitpanda will offer SG-FORGE's EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) to retail users across Europe through its platform and DeFi wallet.
- This makes Bitpanda the first European retail broker allowing customers to earn yield on CoinVertible stablecoins through lending and borrowing within protocols like Morpho and Uniswap.
- The tokens comply with the EU’s MiCA framework, providing stability in blockchain environments that often use unregulated alternatives.
- The partnership aims to bridge traditional finance with Web3, enhancing accessibility of stablecoins under European regulation since 2024.
The collaboration indicates confidence in the role of compliant digital assets within decentralized markets.