SG-FORGE and Bitpanda Expand Stablecoin Partnership Into DeFi

Retail Access: Bringing Stablecoin Yield to European Users

Societe Generale-FORGE (SG-FORGE), the digital asset arm of French banking giant Societe Generale, has announced an expanded partnership with Austrian fintech Bitpanda to deploy its regulated stablecoins deeper into the decentralized finance ( DeFi) ecosystem.

Bitpanda becomes the first retail broker in Europe to offer yield opportunities on SG-FORGE’s Coinvertible stablecoins through its DeFi wallets. The initiative allows users to earn returns on both EUR Coinvertible (EURCV) and USD Coinvertible (USDCV), which are already live on Ethereum-based protocols Morpho and Uniswap.

“As the digital asset subsidiary of Societe Generale, SG-FORGE is excited to collaborate with Bitpanda, a key player in the evolving digital landscape,” said Jean-Marc Stenger, CEO of SG-FORGE. “After establishing euro and dollar stablecoins as cornerstone assets within the Bitpanda ecosystem, we are now taking a decisive step forward by expanding into the world of DeFi.”

Bitpanda Co-CEO Lukas Enzersdorfer-Konrad called the partnership a “milestone moment for Web3 in Europe,” praising SG-FORGE’s leadership in bringing real-world blockchain adoption to traditional finance. “By integrating their stablecoins into the Bitpanda DeFi Wallet, we are laying the groundwork to create real ways people can benefit from Web3 and ushering in a new era of interoperable, regulated finance,” he said.

The collaboration between SG-FORGE and Bitpanda began in September 2024 with the launch of the MiCA-compliant EURCV, followed by USDCV. The two firms share a vision of making stablecoins more accessible and trustworthy for everyday users, while reinforcing the credibility of the digital economy.

Bitpanda’s broader Web3 strategy includes the Vision Token and upcoming Vision Chain, designed to simplify blockchain interaction for retail users. With EURCV already serving as the preferred stablecoin for Bitpanda’s margin trading service, the latest expansion into DeFi signals a long-term commitment to regulated financial innovation.

As Europe continues to shape its digital asset landscape under MiCA and other regulatory frameworks, partnerships like SG-FORGE and Bitpanda’s are setting the tone for how traditional finance and blockchain can converge to deliver secure, scalable, and user-friendly solutions.

FAQ 💡

• What is SG-FORGE’s role in the partnership? SG-FORGE provides regulated euro and dollar stablecoins now integrated into Bitpanda’s DeFi ecosystem.
• How can Bitpanda users benefit? Retail users in Europe can earn yield on EURCV and USDCV through Bitpanda’s DeFi wallets.
• Where are the stablecoins currently active? EURCV and USDCV are live on Ethereum protocols Morpho and Uniswap for lending and trading.
• Why is this important for Europe’s crypto market? It marks a major step toward regulated, accessible Web3 finance under MiCA compliance.