EUR CoinVertible

EUR CoinVertible (EURCV) is a euro-denominated stablecoin issued by Societe Generale-FORGE, the digital-asset arm of a major European banking group. It is designed to hold a value pegged to the euro, bringing a regulated, institution-issued stable asset onto public blockchains for payments, settlement and on-chain finance.

What is EUR CoinVertible (EURCV)?

EURCV is a fiat-backed stablecoin that tracks the euro rather than the US dollar, filling an important gap for European users and institutions who want on-chain exposure to their home currency. Backed and issued by a regulated banking entity, it aims to combine the stability of a bank-issued instrument with the composability and reach of tokenized assets that live on public ledgers.

How does EUR CoinVertible work?

As a collateralized stablecoin, EURCV is intended to maintain a roughly one-to-one relationship with the euro, with issuance and redemption managed by the issuer. What makes it notable is its multi-chain footprint: EURCV is present across the Ethereum, Solana, Stellar and XRP Ledger ecosystems. That cross-chain availability lets the same euro-pegged asset move within several distinct blockchain environments, broadening where it can be used for settlement and transfers.

• Euro-pegged stablecoin issued by Societe Generale-FORGE
• Available across Ethereum, Solana, Stellar and XRP Ledger
• Designed for regulated, institution-grade on-chain settlement
• Aims to hold a value close to one euro

EUR CoinVertible tokenomics and supply

Because it is a stablecoin, EURCV's supply is issued against reserves and expands or contracts with demand rather than being mined. Circulating and total supply are equal at about 125.05 million EURCV, with no separate fixed maximum cap. Its price has stayed near its euro peg, trading between an all-time low around $0.9885 and an all-time high near $1.22 when quoted against the dollar, with fluctuations largely reflecting the EUR/USD exchange rate rather than instability in the peg itself.

What is EUR CoinVertible used for?

EURCV serves as a euro settlement asset for on-chain payments, trading pairs and institutional use cases that require a regulated, bank-issued stablecoin. Its presence across multiple high-throughput networks makes it suitable for moving euro value efficiently, and it can act as a stable base for European-focused decentralized finance and tokenized-asset workflows.

Where to buy EUR CoinVertible

EURCV can be accessed through select exchanges and directly via the issuer's platform. Use our best crypto exchanges ranking to compare venues that list euro stablecoins and their supported networks. For custody, our best crypto wallets guide covers wallets across the Ethereum, Solana, Stellar and XRP Ledger ecosystems that EURCV spans.

Is EUR CoinVertible a good investment?

EURCV is built for stability and utility, not price appreciation, so it is better viewed as a euro cash-equivalent on-chain than as a growth asset. Its main considerations are the strength of the issuer's reserves, redemption terms and the regulatory framework it operates under, along with EUR/USD currency movement for non-euro holders. This is not financial advice; stablecoins carry issuer and counterparty risk despite their stable design.