Bitpanda and SG-FORGE Expand Partnership, Bring Stablecoins to European DeFi

Bitpanda, the leading European cryptocurrency broker, and SG-FORGE, the blockchain subsidiary of Société Générale, one of France’s largest banking groups, have expanded their partnership to give European retail users access to regulated stablecoins through decentralized finance (DeFi).

Under the agreement, Bitpanda users can access SG-FORGE’s EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) directly through the Bitpanda platform and the Bitpanda DeFi Wallet.

The stablecoins can be used in on-chain lending, borrowing, and liquidity provision across supported DeFi protocols, including Morpho and Uniswap.

Both EURCV and USDCV are fully compliant with the European MiCA (Markets in Crypto-Assets) regulation and are pegged 1:1 to the euro and U.S. dollar. They are issued on multiple public blockchains, including Ethereum, Solana, Stellar, and XRP Ledger, giving users broad access to the growing DeFi ecosystem.

The expanded collaboration builds on the initial partnership that began in September 2024 with the launch of MiCA-compliant EURCV, followed by USDCV. With this update, Bitpanda becomes the first European broker to allow more than 7 million of its retail clients to earn yield on these regulated stablecoins through a DeFi wallet.

The partnership also lays the groundwork for future initiatives, including potential integration with Bitpanda’s Vision token and Vision Chain, signaling a long-term commitment to bridging traditional finance and blockchain-based innovation.

Why This Matters

The partnership provides European users with access to regulated stablecoins, bridging the gap between traditional finance and the digital economy.

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People Also Ask:

What is Bitpanda? Bitpanda is a Vienna-based fintech and one of Europe’s leading digital asset platforms, offering cryptocurrencies, stocks, ETFs, and other assets.

Which stablecoins are included in the Bitpanda–SG-FORGE partnership? The partnership features SG-FORGE’s EUR CoinVertible (EURCV) and USD CoinVertible (USDCV), both regulated and MiCA-compliant.

What can users do with these stablecoins? Users can participate in DeFi activities such as on-chain lending, borrowing, and liquidity provision on protocols like Morpho and Uniswap.

Can users earn yield on these stablecoins? Yes. Bitpanda is the first European broker enabling retail clients to earn yield on these regulated stablecoins via a DeFi wallet.

Why choose regulated stablecoins over other crypto assets? Regulated stablecoins like EURCV and USDCV offer price stability, regulatory oversight, and safer participation in DeFi compared to volatile cryptocurrencies.

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