{"id":68529,"date":"2026-08-22T21:40:10","date_gmt":"2026-08-22T21:40:10","guid":{"rendered":"https:\/\/www.europesays.com\/france\/68529\/"},"modified":"2026-08-22T21:40:10","modified_gmt":"2026-08-22T21:40:10","slug":"societe-generale-takes-usdcv-to-metamask-as-321b-stablecoin-market-heats-up-5","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/68529\/","title":{"rendered":"Soci\u00e9t\u00e9 G\u00e9n\u00e9rale Takes USDCV To MetaMask As $321B Stablecoin Market Heats Up"},"content":{"rendered":"

Soci\u00e9t\u00e9 G\u00e9n\u00e9rale’s crypto subsidiary SG-FORGE listed its dollar-backed stablecoin USD CoinVertible (USDCV)<\/a> on MetaMask through a partnership with Consensys, targeting millions of self-custody wallet<\/a> users.<\/p>\n

USDCV MetaMask Integration<\/p>\n

The French bank’s digital asset arm announced<\/a> on Apr. 15 that USDCV is now accessible to MetaMask users for fiat on-ramps, digital asset trading, and DeFi interactions.<\/p>\n

Bloomberg reported the move aims to bring bank-issued digital money to a broader retail and institutional audience through self-custody wallets.<\/p>\n

SG-FORGE launched<\/a> USDCV on the Ethereum (ETH)<\/a> and Solana (SOL)<\/a> blockchains last year.<\/p>\n

Bank of New York Mellon serves as the token’s reserve custodian. The bank had previously introduced a MiCA-compliant<\/a> euro stablecoin, EUR CoinVertible (EURCV), which initially struggled to gain traction against established crypto players despite strong regulatory backing.<\/p>\n

Also Read: Polymarket Investigates Startups Accused Of Enabling Insider Copy-Trading<\/a><\/p>\n

Jean-Marc Stenger On Stablecoin Growth<\/p>\n

The stablecoin sector is valued at roughly $321 billion. Tether’s USDT (USDT)<\/a> leads with about $185 billion, while Circle’s USD Coin (USDC)<\/a> ranks second at approximately $79 billion.<\/p>\n

Jean-Marc Stenger, CEO of SG-FORGE, said the market’s growth drove the decision to expand beyond euros. “The stablecoin market remains largely US Dollar denominated,” Stenger said. “This new currency will enable our clients, either institutions, corporates or retail investors, to leverage the benefits of an institutional-grade stablecoin.”<\/p>\n

Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, which has operated for more than 160 years, has steadily expanded its digital asset footprint in recent months.<\/p>\n

Beyond stablecoins, SG-FORGE issued a tokenized bond on blockchain in the United States in late 2025, signaling the bank’s broader ambitions in on-chain finance<\/a>.<\/p>\n

Read Next: Claude Mythos Becomes First AI To Complete Simulated Corporate Network Attack<\/a><\/p>\n

\"Steven<\/p>\n

Steven Zeiler is Chief Evangelist at Yellow, working with builders to create real-time, non-custodial trading infrastructure using the Yellow SDK. A programmer, technologist, and entrepreneur, he previously worked for Ripple, where he helped architect peer-to-peer interbank payment prototypes and contributed to decentralizing the XRP Ledger through consensus tracking software.<\/p>\n","protected":false},"excerpt":{"rendered":"Soci\u00e9t\u00e9 G\u00e9n\u00e9rale’s crypto subsidiary SG-FORGE listed its dollar-backed stablecoin USD CoinVertible (USDCV) on MetaMask through a partnership with…\n","protected":false},"author":2,"featured_media":29628,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12932],"tags":[12955],"class_list":["post-68529","post","type-post","status-publish","format-standard","has-post-thumbnail","category-societe-generale","tag-societe-generale"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/68529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=68529"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/68529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/29628"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=68529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=68529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=68529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}