TechFlow, June 3 — According to CoinDesk, BCB Markets, the trading division of crypto payments firm BCB Group, announced a partnership with Societe Generale–FORGE, the digital asset subsidiary of French banking giant Societe Generale, to promote its euro-backed stablecoin EURCoinVertible (EURCV).
Launched in April 2023, EURCV is one of the first stablecoins compliant with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. Backed by cash reserves and pegged to the euro, the stablecoin primarily targets institutional users and aims to bring stability and regulatory clarity to Europe's stablecoin market.
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