EUR CoinVertible

EUR CoinVertible, ticker EURCV, is a euro-denominated stablecoin issued by Société Générale's digital-assets subsidiary, designed to give holders a blockchain-native unit whose value tracks the euro. It is intended for financial institutions, corporations, and other participants who need to move euro-denominated value on public blockchains without exposure to the price volatility typical of other digital assets. It falls under the MiCA regulatory framework for stablecoins in the European Union, which sets disclosure and reserve requirements for issuers.

EURCV is a fiat-backed stablecoin, meaning each token is intended to be supported by euro-denominated reserves held off-chain by the issuer. The token exists across multiple blockchain networks including Ethereum, Solana, Stellar, and the XRP Ledger, allowing settlement wherever those networks are active. Because no consensus algorithm or block time is specific to EURCV itself, it inherits the settlement properties of whichever host chain a given transaction occurs on.

The data stored for EURCV does not include a protocol fee stream, meaning there are no fee-based revenue figures available on this site. The stablecoin model generally relies on the issuer earning a return on the reserves backing the tokens rather than charging transaction fees, but that reserve income is not captured in the metrics here. The circulating stablecoin supply stands at 176,637,200.13 tokens at the current point in time, and that supply grew by approximately 18.94 percent over the last 30 days, which indicates the scale of issuance activity even in the absence of visible fee data.