Societe Generale Forge partners with Bitpanda for euro stablecoin ahead of MiCA

The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers.

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Global banking conglomerate Societe Generale has partnered with Bitpanda, to grow crypto and stablecoins into a key component of the global financial system.

Bitpanda will work with the banking conglomerate’s blockchain subsidiary, Societe Generale-FORGE, to advance the mainstream adoption of its euro-denominated stablecoin EUR CoinVertible (EURCV).

The partnership is a crucial step in making stablecoins a part of the wider financial system, according to Jean-Mark Stenger, CEO of Societe Generale-FORGE.

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