BCB has reached an agreement with a wholly-owned subsidiary of Societe Generale to promote the Euro stablecoin EURCV

On June 3rd, according to CoinDesk, BCB Markets, the trading division of crypto payment company BCB Group, announced on Tuesday that it has reached an agreement with Societe Generale – FORGE, a digital asset subsidiary of French bank Societe Generale, to promote its Euro pegged stablecoin EURCoinVertible (EURCV). This move marks another progress in the wider application of fiat linked digital assets, as major institutions begin to seek alternatives to stablecoins outside of the US dollar.