
Core Insights - Bullish Europe has become the first crypto exchange to offer Societe Generale – FORGE's stablecoin, USD CoinVertible (USDCV), expanding access to regulated crypto assets [1][2] - The USDCV token is a fully compliant USD-pegged stablecoin backed 1:1 with cash or high-quality collateral, targeting institutional, corporate, and retail investors [3][5] - The partnership with Societe Generale positions Bullish as a leading venue for institutional-grade liquidity and compliant digital asset trading services [5][6] Company Developments - Bullish Europe has formed a strategic partnership with Societe Generale – FORGE, making it the first exchange to offer USDCV [2][5] - Marco Bodewein, CEO of Bullish Europe, emphasized the company's commitment to increasing the availability of regulated stablecoins for institutional investors [4][5] - BNY, a UK-based financial services firm, has been selected as the custodian for the stablecoins [6] Industry Context - The USDCV stablecoin was launched in June 2025, leveraging the growth of the stablecoin market and utilizing blockchain platforms Ethereum and Solana [5] - The positive sentiment in the stablecoin market is influenced by improved regulatory frameworks, such as GENIUS and Clarity Acts in the US [6] - Other market players are also exploring the use of fiat-pegged digital assets to reduce costs [6]