SocGen-FORGE’s MiCA-compliant USDCV stablecoin added to MetaMask

Societe Generale‑FORGE has integrated its MiCA-compliant USD CoinVertible (USDCV) stablecoin into MetaMask, the firms said in a release on Wednesday. The token will be visible in MetaMask’s mobile and web wallets and available for trading, decentralized finance interactions and fiat purchases through Transak.

USDCV is issued by Societe Generale‑FORGE and is described by the issuer as fully backed by cash and redeemable 1:1 for U.S. dollars. The token is issued under the bank’s ACPR electronic-money license and complies with the European Union’s Markets in Crypto‑Assets Regulation (MiCA). SG‑FORGE lists USDCV on Ethereum and Solana and says it is available through several exchanges and partners.

Transak will serve as the fiat on‑ramp provider, enabling MetaMask users to buy USDCV with traditional currency directly within the wallet interface. Consensys, the developer of the MetaMask wallet, will surface the token in wallet views on both mobile and web platforms.

Consensys chief executive Joseph Lubin described stablecoins as “becoming a more important part of digital financial infrastructure.” SG‑FORGE chief executive Jean‑Marc Stenger stated the MetaMask rollout aims to broaden access to compliant digital assets.

SG‑FORGE also issues a euro-denominated stablecoin, EUR CoinVertible, which launched on Ethereum in 2023 and has since expanded to Solana, the XRP Ledger and Stellar as part of a multichain distribution plan. European issuers have been pursuing MiCA compliance for stablecoins to meet the EU’s rules on transparency, reserve management and consumer protections.

The MetaMask integration increases the distribution points for one of Europe’s bank-issued dollar stablecoins and adds another regulated token option to the wallet’s ecosystem for on‑chain trading and DeFi activity.