Societe Generale Launches USDCV Stablecoin on MetaMask for DeFi and Payments

Highlights:

• SG-FORGE added USD CoinVertible to MetaMask, allowing users to trade and convert fiat within one wallet.
• USDCV stablecoin operates under MiCA rules, giving users access to a regulated dollar asset.
• SG-FORGE has expanded its stablecoin strategy across multiple blockchains.

Societe Generale’s digital asset arm SG-FORGE has integrated USD CoinVertible (USDCV) stablecoin into the MetaMask wallet through a partnership with Consensys. The integration gives MetaMask users direct access to a bank-issued dollar stablecoin within the wallet. SG-FORGE enabled the token on both MetaMask mobile and web platforms to reach global users.

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💳 A Societe Generale-FORGE dollárstabilcoinja megjelent a MetaMaskban

A Societe Generale-FORGE beemelte a MiCA-nak megfelelő USD CoinVertible (USDCV) stabilcoint a MetaMask mobilos és webes felületére. A token így kereskedésre, DeFi-használatra és fiat beutalásra is elérhető,… pic.twitter.com/LCMvwd1Y6c

— CryptoFalka Hungary (@CryptofalkaH) April 15, 2026

Users can trade digital assets using USD CoinVertible directly inside MetaMask. They can also interact with decentralized finance protocols using the same token. In addition, Transak allows users to convert fiat into USD CoinVertible within the wallet. This process enables users to fund blockchain transactions using traditional payment methods.

MetaMask supports the Gas Station feature for USD CoinVertible transactions. This feature allows users to pay blockchain transaction fees using the stablecoin. Users do not need to hold separate tokens to complete transactions. This setup reduces friction during onchain activity.

MetaMask has listed USD CoinVertible among its supported stablecoins. This listing makes the token available to millions of wallet users globally. SG-FORGE reports that 26.3 million USD CoinVertible tokens are in circulation. The tokens are distributed across supported blockchain platforms.

SG-FORGE integrated its regulated stablecoin into MetaMask to distribute it directly to retail and institutional users. MetaMask users can hold and use USD CoinVertible as a dollar-pegged asset inside decentralized applications. This integration places a bank-issued stablecoin within a widely used Web3 wallet.

USDCV Stablecoin Shows Strength Under Europe’s MiCA Rules

USDCV stablecoin operates under a regulated framework defined by European authorities. SG-FORGE issues the token under an ACPR electronic-money license in France. This license allows the company to distribute a MiCA-compliant stablecoin across European markets.

SG-FORGE backs USDCV with cash reserves and allows redemption at a one-to-one ratio with the US dollar. This structure meets regulatory requirements for asset backing and redemption. It also ensures that the token maintains a fixed value during use.

📢We’re excited to announce a key milestone for us: the listing of the USD CoinVertible within the @MetaMask wallet on both mobile and web among a shortlist of stablecoins.
For the first time, MetaMask’s millions of users can access a regulated stablecoin issued by the… pic.twitter.com/9H66HltJMj

— Societe Generale Forge (@SG_Forge) April 15, 2026

Societe Generale launched the dollar-pegged stablecoin in June last year. The launch made it one of the first global banks to issue a USD stablecoin. Since then, SG-FORGE has expanded access through wallet integrations and exchange partnerships.

Jean-Marc Stenger, the SG-FORGE CEO, said, “We are introducing our stablecoin into one of the world’s most widely used Web3 wallets to expand access. This move combines blockchain efficiency with the security and compliance of a European-issued asset backed by a major bank.”

Consensys CEO Joseph Lubin said stablecoins now play a central role in digital financial infrastructure. He said wallets such as MetaMask help distribute these assets to global users. MiCA rules provide clear regulatory guidelines for stablecoin issuers operating in Europe. SG-FORGE uses this framework to distribute USDCV across compliant channels.

SG-FORGE Expands Across Blockchains and Builds Key Partnerships

The company also issues EUR CoinVertible, a euro-pegged stablecoin in addition to the USDCV stablecoin. The company deployed EUR CoinVertible on Ethereum, Solana, Stellar, and XRP Ledger. This deployment allows users to access the token across multiple blockchain networks.

EUR CoinVertible supply exceeds €105 million, and the token has more than 500 holders. These figures show the current scale of the asset within the market. The token ranks among the largest euro-denominated stablecoins available today.

SG-FORGE has introduced decentralized finance use cases for EUR CoinVertible. A Morpho vault allows users to earn yield using the stablecoin. Steakhouse manages the vault parameters and risk controls for users.

SG-FORGE uses Metaco technology for digital asset custody. Meanwhile, Ripple acquired Metaco and rebranded the platform as Ripple Custody. This relationship connects SG-FORGE to infrastructure used by institutional crypto clients.

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