Société Générale's crypto subsidiary SG-FORGE listed its dollar-backed stablecoin USD CoinVertible (USDCV) on MetaMask through a partnership with Consensys, targeting millions of self-custody wallet users.
USDCV MetaMask Integration
The French bank's digital asset arm announced on Apr. 15 that USDCV is now accessible to MetaMask users for fiat on-ramps, digital asset trading, and DeFi interactions.
Bloomberg reported the move aims to bring bank-issued digital money to a broader retail and institutional audience through self-custody wallets.
SG-FORGE launched USDCV on the Ethereum (ETH) and Solana (SOL) blockchains last year.
Bank of New York Mellon serves as the token's reserve custodian. The bank had previously introduced a MiCA-compliant euro stablecoin, EUR CoinVertible (EURCV), which initially struggled to gain traction against established crypto players despite strong regulatory backing.
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Jean-Marc Stenger On Stablecoin Growth
The stablecoin sector is valued at roughly $321 billion. Tether's USDT (USDT) leads with about $185 billion, while Circle's USD Coin (USDC) ranks second at approximately $79 billion.
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."
Société Générale, which has operated for more than 160 years, has steadily expanded its digital asset footprint in recent months.
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.
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