Societe Generale-FORGE and Bitpanda Expand Partnership to Bring Regulated Stablecoins to DeFi

Finance

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The move makes SG-FORGE’s euro and dollar stablecoins available to retail users across Europe through Bitpanda’s DeFi wallet

By Ian Allison, AI Boost|Edited by Sam Reynolds

Oct 14, 2025, 7:01 a.m.

SocGen sign outside an office building
  • Bitpanda will offer SG-FORGE’s EUR and USD CoinVertible stablecoins to retail users for the first time
  • The partnership expands into decentralized finance, supporting lending and borrowing onchain
  • The collaboration may extend to Bitpanda’s Vision token and upcoming Vision Chain

Societe Generale-FORGE (SG-FORGE), and Austria-based cryptocurrency exchange Bitpanda, are deepening their partnership to bring regulated stablecoins into the decentralized finance (DeFi) space.

Bitpanda will now offer the bank’s EURCV$1.1570 and USD CoinVertible (USDCV) directly to retail users across Europe through its platform and DeFi wallet.

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The move makes Bitpanda the first retail broker in Europe to enable customers to earn yield on the CoinVertible stablecoins. Users will be able to lend and borrow against these assets within supported onchain protocols, such as Morpho and Uniswap.

Jean-Marc Stenger, CEO of SG-FORGE, said the collaboration marks a “decisive step forward” in bringing regulated assets into DeFi. The CoinVertible tokens, both compliant with the EU’s MiCA framework, are designed to provide bank-grade stability in blockchain environments that often rely on unregulated alternatives.

For Bitpanda, the partnership represents another step toward bridging traditional finance with Web3. Co-CEO Lukas Enzersdorfer-Konrad said the integration “creates real ways people can benefit from Web3,” pointing to future work around the Vision token and the planned Vision Chain.

Since 2024, the two firms have worked to make stablecoins more accessible under European regulation. Their continued cooperation signals growing confidence that compliant digital assets can find a lasting role in decentralized markets.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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