Societe Generale-FORGE and Bitpanda Expand Partnership to Bring Regulated Stablecoins to DeFi
Societe Generale-FORGE (SG-FORGE) and Bitpanda are deepening their collaboration to integrate regulated stablecoins into decentralized finance. The partnership will see Bitpanda offer SG-FORGE's EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) to retail users across Europe, marking the first time a retail broker enables yield generation on these assets.
The stablecoins, compliant with the EU's MiCA framework, aim to provide bank-grade stability in DeFi protocols like Morpho and Uniswap. Jean-Marc Stenger, CEO of SG-FORGE, calls this a "decisive step forward" for regulated assets in blockchain ecosystems.
Bitpanda's co-CEO Lukas Enzersdorfer-Konrad emphasizes the MOVE as a bridge between traditional finance and Web3, with future plans involving the Vision token and Vision Chain. The partnership reflects growing institutional confidence in compliant digital assets under European regulation.
