Société Générale has partnered with the crypto firm Bitpanda to accelerate the adoption of digital assets, aiming to make crypto a core component of the global financial system.
Société Générale-FORGE, an integrated and regulated subsidiary of the French bank focusing on digital assets, will work with Bitpanda to list the MiCA-compliant stablecoin EUR CoinVertible (EURCV).
The partnership will leverage Bitpanda’s extensive user base and trading platform to provide European investors with access to a stable, secure, and accessible digital currency.
Users of the platform will be able to buy, sell, and hold EURCV alongside other cryptocurrencies and traditional assets.
Bitpanda claims that regulated stablecoins such as EURCV offer a bridge between traditional finance and the digital economy, providing a stable and reliable store of value in the volatile world of cryptocurrencies.
“This partnership is a crucial step towards achieving our vision of making stablecoins a core component of the global financial system,” said Jean-Marc Stenger, Chief Executive of Société Générale-FORGE. “Together with Bitpanda, we are confident in our ability to offer European users a stable, secure, and accessible digital currency.”
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