Bitpanda brings Societe Generale’s stablecoins to DeFi

Bitpanda partnered with the Societe Generale digital asset arm to offer its stablecoins to retail users in Europe.

Bitpanda and Societe Generale-FORGE have partnered to bring Europe’s first bank-issued, MiCA-compliant stablecoins to retail DeFi users. On Tuesday, Oct. 14, SG-FORGE-issued EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) will be available through Bitpanda’s DeFi Wallet.

The partnership means that European DeFi users will be able to access MiCA-compliant stablecoins. Notably, these assets will be available for DeFi lending, borrowing, and more. According to Societe Generale-FORGE, it also represents the bank’s entry into DeFi.

Bitpanda and Societe Generale bring stablecoins to European DeFi

Bitpanda and SG-FORGE started their partnership in September 2024, centered around the EURCV and USDCV stablecoins. Notably, the EURCV stablecoin already serves as the preferred stablecoin for margin trading on Bitpanda. According to the two firms, they share the vision of making stablecoins more accessible to the public.