Société Générale’s SG‑FORGE launches euro stablecoin EURCV on XRP Ledger
The bank’s digital‑asset arm expanded its euro‑backed token to a third public blockchain, citing regulatory compliance and institutional settlement use cases.
Société Générale’s digital‑asset unit SG‑FORGE has deployed its euro‑backed stablecoin, EUR CoinVertible (EURCV), on the XRP Ledger, marking the token’s third public‑blockchain integration [1][3].
According to SG‑FORGE, the EURCV launch on XRPL follows earlier rollouts and is presented as a regulated, institution‑grade asset; the issuer says the token is backed 1:1 by bank deposits or high‑quality securities and structured to comply with the EU’s MiCA framework, with a circulating supply reported at about 70.51 million tokens [2][1].
SG‑FORGE and partners plan integrations to support on‑chain flows and liquidity, including planned links with Ripple’s payments and liquidity services, underscoring the push to use XRPL for compliant digital‑asset distribution and fast settlement among institutional participants [2][4][1].
The move highlights continued institutional adoption of XRPL for regulated euro stablecoins and on‑chain settlement capabilities, expanding the infrastructure options for euro tokenization and bank‑backed digital assets [1].
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Citations
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- 1SocGen taps XRP Ledger for euro stablecoin distributionCoinDesk• Feb 19, 2026
- 2Société Générale Deploys Euro Stablecoin on XRP LedgerCoindoo• Feb 19, 2026
- 3Societe Generale Expands Euro Stablecoin to XRP LedgerETHNews• Feb 19, 2026
- 4Société Générale expands euro stablecoin deployment to XRP LedgerCrypto Briefing• Feb 19, 2026
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