Stablecoin providing a bridge between the traditional financial system and the digital assets world issued by Societe Generale-FORGE
An institutional-grade stablecoin with full transparency
We integrated all of Societe Generale expertise to deliver EUR CoinVertible (EURCV), a stablecoin to provide a bridge between the traditional financial system and the digital assets world. By being fully collateralized, transparent, and meeting regulatory requirements while being available on public blockchains, it can offer the benefits of digital assets such as efficiency and security while reducing the volatility associated with many cryptocurrencies.
Complete transparency on stablecoin and collateral positions, with data updated every business day on SG-FORGE website and a comprehensive set of white paper and terms & conditions.
October 2023 update
The EURCV smartcontract was updated on 27 October 2023 for improved resiliency and to allow faster transfers between whitelisted participants.
The new Ethereum address is 0x5F7827FDeb7c20b443265Fc2F40845B715385Ff2 and all balances as of 27 October 2023 were transferred in this smartcontract on 27 October 2023. Simultaneously, all outstanding tokens of the previous smartcontract were burnt on 27 October 2023.
EURCV in circulation11.145.000
Our white paper
Technical implementation through the CAST* Framework to provide streamlined solutions that are compatible and compliant with traditional financial practices, e.g. know-your-customer (KYC) and anti-money-laundering (AML) regulations.
(*) The Compliant Architecture for Security Token (CAST) framework provides practical open-source propositions for distributed ledger technology integration within current financial infrastructures.
EURCV Ethereum smartcontract
HACKEN Audit | EURCV Ethereum smart contract
The EURCV Ethereum smart contract has been audited by the renowned blockchain security auditor HACKEN in October 2023. The audit report is available in open source here.Coinvertible | Important information and risks
Our other products
Issuance of digital bonds by clients
Issuance by Societe Generale Group of structured products registered on Ethereum and Tezos public blockchains