Societe Generale’s Crypto Arm Deploys Euro and Dollar Stablecoins on Uniswap, Morpho

Societe Generale’s digital asset subsidiary, SG-FORGE, has taken its euro and dollar stablecoins into decentralized finance (DeFi), opening them up to borrowing, lending and spot trading, according to a press release on Tuesday. The move places the bank’s EURCV$1.1741 and USD CoinVertible (USDCV) on Ethereum-based protocols Morpho and Uniswap, extending SG-FORGE’s effort to distribute its stablecoins, digital tokens whose value is pegged to a real-world asset, through centralized exchanges and brokers.