PANews reported on May 14th that, according to Cointelegraph, Société Générale will deploy its euro and dollar stablecoins EURCV and USDCV on the Canton Network through its digital asset subsidiary SG-FORGE for tokenized collateral, buyback financing, and institutional settlement. The bank plans to utilize the Canton Network for collateral management and short-term financing transactions related to tokenized assets, and participate in the network as a strategic partner and validator.

SG-FORGE launched the euro stablecoin EURCV in 2023 and the dollar stablecoin USDCV in 2025, with current market capitalizations of approximately $97 million and $20 million respectively.