xiand.ai
Apr 21, 2026 · Updated 02:21 PM UTC
Crypto

Societe Generale-FORGE integrates MiCA-compliant stablecoin into MetaMask

The digital asset subsidiary of France's third-largest bank is bringing its USD CoinVertible stablecoin to the MetaMask wallet for fiat on-ramping and DeFi use.

Ryan Torres

2 min read

Societe Generale-FORGE, the digital asset arm of France's third-largest bank, has partnered with Consensys to integrate its MiCA-compliant USD CoinVertible (USDCV) stablecoin into the MetaMask wallet, according to a report by The Block.

The collaboration will include the stablecoin in MetaMask’s mobile and web interfaces. This integration allows users to perform fiat on- and off-ramping, trade digital assets, and interact with decentralized finance (DeFi) protocols using the asset.

Users can also utilize USDCV via MetaMask's Gas Station feature to settle blockchain transaction fees directly. The move aims to bridge traditional banking compliance with decentralized wallet functionality.

"By introducing our stablecoin into one of the world's most widely used Web3 wallets, we're helping accelerate the emergence of an interoperable financial system, combining the advantages of blockchain technology with the security and compliance of a European issued asset, supported by a major bank," SG FORGE CEO Jean-Marc Stenger said in a statement.

Expanding the CoinVertible ecosystem

USD CoinVertible is one of two stablecoins managed by the SG FORGE unit. The firm launched its dollar-pegged cryptocurrency in June 2025, making Societe Generale the first global bank to introduce a USD-denominated stablecoin.

The bank's other offering, EUR CoinVertible (EURCV), launched in April 2023 as a euro-pequiset stablecoin. As of mid-April 2026, USD CoinVertible had 26.3 million tokens in circulation, while EURCV maintained 105.9 million euros in circulation, according to SG FORGE data.

The EURCV stablecoin has already seen integration into the DeFi space. In February, the team behind the Safe multisignature wallet introduced a Morpho vault that allows users to earn yield using the euro-denominated asset, with risk management provided by advisory firm Steakhouse.

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