
Digital Assets > USDCV | Digital Assets | Bullish
USD CoinVertible
Last Updated: July 29, 2025
Societe Generale-FORGE (SG-FORGE), issued USD CoinVertible (USDCV), the US dollar-denominated stablecoin designed to offer secure, programmable, and transparent liquidity, supporting a wide range of client activities including crypto trading, cross-border payments, on-chain settlement, foreign exchange, and collateral and cash management.
Background
SG-FORGE’s CoinVertible stablecoins adhere strictly to the European Markets in Crypto Assets (MiCA) regulatory framework and maintain full collateralization. The collateral composition and valuation backing USDCV are publicly disclosed on a daily basis on the SG-FORGE website. The collateral composition adheres to stringent eligibility criteria (e.g., minimum rating, liquidity). The reserves are 1:1 collateralized by cash deposits or high-quality securities, held in segregated accounts by authorized financial institutions.bThese assets are managed by independent fiduciaries and are not commingled with SG-FORGE’s general assets, ensuring full access to the value of tokens for users.