EUR CoinVertible

EUR CoinVertible, ticker EURCV, is a euro-denominated stablecoin issued by Societe Generale's digital-asset subsidiary and designed to maintain a value of one euro per token. It is intended for institutional and professional users who need to move euro-denominated value on public blockchains without taking on the price fluctuation typical of most crypto assets. The token is classified as a fiat-backed, MiCA-compliant stablecoin, meaning its issuer aims to hold euro reserves backing each token in circulation and to meet the European Union's Markets in Crypto-Assets regulatory framework.

Each EURCV token is backed by fiat euro reserves held by the issuer, so the mechanism for maintaining its peg is reserve custody and redemption rather than an algorithmic or crypto-collateral system. The token operates across multiple networks — Ethereum, Solana, Stellar, and the XRP Ledger — allowing it to settle transactions wherever those chains are used. No consensus algorithm is recorded for the token itself because EURCV inherits the consensus of whichever underlying blockchain it transacts on.

The data stored here does not include a fee stream attributable to the EURCV protocol itself; revenue and cost structures for fiat-backed stablecoins typically sit with the issuing institution rather than being distributed on-chain, and no on-chain fee figures are provided in this dataset. This means fee-based measures commonly used on this site — such as protocol revenue or fee yield — are not applicable here. The circulating stablecoin supply stands at 187,883,762.35 tokens at point-in-time, and that supply has changed by 1.610523 percent over the last 30 days, which reflects the pace at which the issuer has minted or redeemed tokens.