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SG-FORGE Integrates Its USDCV Stablecoin Into MetaMask Through Consensys Deal - Crypto Economy
TL;DR:
SG-FORGE, the digital assets subsidiary of French bank Société Générale, announced a partnership with Consensys to integrate its USD CoinVertible stablecoin (USDCV) into the MetaMask wallet. The addition will position USDCV within a select group of stablecoins supported by the wallet, both on its mobile app and web interface, to enable onchain transactions and decentralized applications.
According to the official statement, the integration will allow users to perform fiat on- and off-ramping, trade digital assets and interact with DeFi protocols through USDCV. The asset will also be compatible with MetaMask’s Gas Station feature, enabling transaction fees to be paid directly in that denomination.
SG-FORGE: Banking Pioneer in the Stablecoin Market
Jean-Marc Stenger, CEO of SG-FORGE, noted in the statement that the integration aims to “accelerate the emergence of an interoperable financial system, combining the advantages of blockchain technology with the security and regulatory compliance of an asset issued in Europe, backed by a top-tier bank.”
USD CoinVertible was launched in June 2025, when Société Générale became the first bank to issue a stablecoin pegged to the dollar. As of today, the token records approximately 26.3 million units in circulation according to SG-FORGE’s official website.
The bank’s other stablecoin, EUR CoinVertible (EURCV), was launched in April 2023 and has 105.9 million euros in circulation. This asset had already featured in DeFi integrations: in February, the team behind multisig wallet Safe introduced a Morpho vault allowing users to generate yield using EURCV, with institutional DeFi advisory firm Steakhouse overseeing vault curation and risk parameters.
MiCA Regulation as a Competitive Advantage
Both SG-FORGE stablecoins are designed to comply with the European Union’s MiCA regulatory framework, a significant differentiator from other issuers in a market where regulatory clarity remains a decisive factor for institutional adoption.