Overview

• BaFin-regulated Bullish Europe is the first exchange to offer SG‑FORGE’s USD CoinVertible (USDCV), the first dollar‑pegged stablecoin listed under the EU’s MiCA regime.
• USDCV is issued on Ethereum and Solana with reserves claimed to be held 1:1 in cash or high‑quality collateral, with BNY Mellon engaged as custodian.
• Societe Generale‑FORGE restricts U.S. investor access pending clearer American rules, citing confidence in Europe’s established MiCA framework.
• The listing builds on SG‑FORGE’s euro stablecoin EURCV, which launched in 2023 and is cited by the issuer as recording about €40 million in daily turnover.
• Bullish Europe and SG‑FORGE position the tokens for institutional, corporate, and retail use, pairing bank‑grade issuance with a regulated trading and custody platform.