On February 21, SG-FORGE, a subsidiary of Societe Generale, announced the deployment of its euro-backed stablecoin EUR CoinVertible (EURCV) to the Stellar network. Notably, EURCV is one of the first stablecoins to be fully compliant with the European Union's MiCA Act. The expansion is the bank's latest foray into the blockchain space, after Socie ́ te ́ Ge ́ ne ́ rale issued green bonds on a public blockchain and partnered with the Bank of France on repo transactions.