Societe Generale-FORGE partners with Bitpanda 26 September 2024France Reporter: Clelia Frondaroli
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Societe Generale-FORGE has entered into a partnership with Bitpanda, to increase and promote the adoption of its MiCA-compliant stablecoin EUR CoinVertible (EURCV).
The companies say the stablecoin will be listed on Bitpanda broker, where it will offer a stable and reliable store of value for European investors. The Bitpanda platform will also increase ease of access to the EURCV stablecoin, as well as providing a secure and regulated transaction environment to buy, sell and hold the stablecoin alongside other assets.
The partnership aids the expansion of EURCV across Europe, where it can be utilised in a variety of cases including cross-border payments and everyday transactions, notes the firm.
Jean-Marc Stenger, CEO of Societe Generale-FORGE, comments: “This partnership is a key step in our mission to achieve broader adoption of stablecoins within the financial system. Together with Bitpanda, we are confident in our ability to offer European users a stable, secure and accessible digital asset for trading, settlement and store of value”.
“EUR based stablecoins are essential to the future of digital assets in Europe. We will work with Societe Generale-FORGE to bring that future one step closer”, adds Lukas Enzersdorfer-Konrad, deputy CEO of Bitpanda.
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