Societe Generale-FORGE Partners with Bullish Europe to List MiCA-Licensed Stablecoin in Major Banking Crypto Push
Traditional finance giant makes its crypto move—and it's betting big on regulatory compliance.
THE EUROPEAN PLAY
Societe Generale's digital assets arm FORGE just teamed up with Bullish Europe to list a MiCA-licensed stablecoin. This isn't another crypto startup experiment—it's a 150-year-old banking institution planting its flag in digital currency territory.
REGULATION FIRST APPROACH
While crypto natives chase decentralization, the French bank is playing a different game. They're leveraging Europe's Markets in Crypto-Assets framework to create what traditional finance actually understands: regulated, compliant digital assets. The move signals that institutional adoption isn't happening on crypto's terms—it's happening on finance's terms.
BANKING MEETS BLOCKCHAIN
FORGE brings the regulatory credibility while Bullish Europe provides the crypto infrastructure. Together they're building bridges between legacy finance and digital assets—proving that sometimes the most revolutionary moves come from inside the castle walls. Because nothing says 'disruption' like getting permission slips from financial regulators first.
The partnership demonstrates that when traditional finance finally embraces crypto, it does so with lawyers, compliance officers, and regulatory approval—making one wonder if the 'crypto' part is becoming the least interesting thing about digital assets.
First U.S. Dollar Stablecoin Under MiCAR
USDCV is fully pegged to the U.S. dollar and structured to comply with MiCA, the landmark regulatory framework introduced by the European Union to govern crypto assets and ensure investor protection.
The token’s design aims to provide both price stability and regulatory assurance, key attributes sought by institutional investors as they deepen their participation in the digital asset ecosystem.
By offering both EURCV and USDCV, SG-FORGE and Bullish Europe said it is positioning itself at the forefront of regulated stablecoin adoption, bridging the gap between traditional financial infrastructure and blockchain-based markets.
Perspectives on the Launch
Marco Bodewein, CEO of Bullish Europe, emphasized the strategic importance of the launch: “We are proud to be the first to offer USDCV and to increase the availability and range of regulated stablecoins for our institutional investors.
“Offering both our stablecoins through Bullish marks an important milestone in the evolution of regulated digital asset markets,” said Jean-Marc Stenger, CEO of SG-FORGE.
“Our partnership with Bullish Europe reinforces this commitment by providing investors with seamless access to our MiCAR-compliant stablecoins, facilitating the integration of traditional and digital financial ecosystems. This is an important step towards their widespread adoption,” adds Stenger.
Toward Broader Stablecoin Adoption?
The launch of USDCV shows growing institutional appetite for regulated, transparent stablecoin products. As Europe implements MiCA, partnerships like that between SG-FORGE and Bullish are expected to play a central role in setting standards for compliant digital asset offerings.
The firm explains by combining Bullish’s regulated trading infrastructure with SG-FORGE’s track record in financial innovation, the firms aim to provide institutional-grade liquidity and trust, paving the way for the broader adoption of regulated stablecoins in global markets.