TLDR:
- Bullish Europe is the first platform to offer SG-FORGE’s USDCV, giving investors MiCAR-compliant dollar-pegged access.
- The listing follows Bullish’s June rollout of SG-FORGE’s EURCV, now expanding its stablecoin lineup to two major assets.
- SG-FORGE developed USDCV to meet MiCAR rules, targeting institutional, corporate, and retail investors across Europe.
- The partnership strengthens the link between regulated crypto venues and traditional finance, creating safer on-ramps for capital.
Stablecoin access in Europe is now broader. Bullish Europe, the BaFin-regulated trading venue, has partnered with Societe Generale-FORGE to launch USDCV, a dollar-pegged stablecoin designed for compliance under the Markets in Crypto-Assets Regulation (MiCAR).
The move comes as institutional demand for transparent, regulated crypto assets keeps climbing. Bullish had already listed SG-FORGE’s euro-denominated EURCV earlier this year. This latest addition expands its roster and brings more choice for investors seeking regulated exposure.
Bullish Expands Stablecoin Offering
Bullish Europe GmbH announced that it now supports trading of USDCV, the USD CoinVertible developed by Societe Generale-FORGE. The platform confirmed in its statement that it is the first venue to offer the new asset.
USDCV is pegged to the U.S. dollar and built to meet European regulatory requirements under MiCAR. This makes it suitable for institutional desks that require strict compliance frameworks.
Investors can now access both euro and dollar stablecoins through the same trading platform.
Marco Bodewein, CEO of Bullish Europe, said the addition expands the company’s regulated offering for institutional clients. He emphasized that the partnership increases the depth of stablecoin liquidity available on the exchange.
The collaboration follows Bullish’s earlier listing of SG-FORGE’s EUR CoinVertible (EURCV) in June. With both assets live, the exchange now supports two MiCAR-compliant stablecoins in its marketplace.
SG-FORGE Pushes Regulated Stablecoins
SG-FORGE, a subsidiary of Societe Generale focused on blockchain-based financial products, issued USDCV as part of its push to bridge traditional finance with digital assets. The firm aims to make dollar-backed stablecoins available under a clear regulatory framework.
Jean-Marc Stenger, CEO of SG-FORGE, stated that bringing both EURCV and USDCV to a regulated venue supports integration of crypto into mainstream finance. He added that such listings give investors a seamless route into compliant stablecoin markets.
The listing is expected to attract interest from corporate treasuries and funds seeking a regulated dollar-based settlement option. By launching under MiCAR, USDCV provides clarity around custody, issuance, and redemption standards.
Bullish confirmed it will continue expanding its regulated asset lineup to meet client demand as more MiCAR-compliant products come online. The move could encourage further participation from traditional market players.
The post Bullish Europe Becomes Gateway for MiCAR-Compliant USDCV Stablecoin Trading appeared first on Blockonomi.
Source: https://blockonomi.com/bullish-europe-becomes-gateway-for-micar-compliant-usdcv-stablecoin-trading/