EUR CoinVertible (EURCV) stablecoin analytics
Answer First
What is EUR CoinVertible (EURCV)?
EURCV is Societe Generale-FORGE's regulated euro stablecoin issued under the EU MiCA framework, designed for institutional on-chain settlement. The static profile records its Euro peg mechanism as: EEA-resident holders have 1:1 euro redemption rights through SG-FORGE after KYC/AML and sanctions controls; payment is due by the last business day of the following month after controls are completed.
Is EURCV safe?
EURCV holds a B- Safety Score grade (67/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says EUR CoinVertible uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from SG-FORGE; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
EUR CoinVertible (EURCV) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro.
AI summary / Updated Sep 7, 2026
EURCV is SG-FORGE's MiCA euro stablecoin, issued by the digital-asset arm of Société Générale with reserves held entirely as euro cash at the parent bank, disclosed daily by the issuer and offered with 1:1 redemption through SG-FORGE. The N/A overall grade is a story about concentration rather than quality.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Euro cash deposits at Societe Generale in segregated issuer accounts; the issuer's daily disclosure dated 2026-10-01 reports EURCV reserves 100% at Societe Generale.
- Peg Mechanism
- EEA-resident holders have 1:1 euro redemption rights through SG-FORGE after KYC/AML and sanctions controls; payment is due by the last business day of the following month after controls are completed. Non-EEA holders have no direct redemption right, and the issuer cannot transact with U.S. residents.
- Jurisdiction
- France / ACPR / EMI (MiCA)
- Proof Of Reserves
- Self-Reported PoR by SG-FORGE Reserve source
- Contracts
- 4 deployments tracked across Ethereum, XRP Ledger, Stellar, and Solana.
Next Actions
Exact bot target: /subscribe dews,depeg,safety eurcv-societe-generale-forge
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
EURCV quick answers
What is EUR CoinVertible (EURCV)?
EURCV is Societe Generale-FORGE's regulated euro stablecoin issued under the EU MiCA framework, designed for institutional on-chain settlement. The static profile records its Euro peg mechanism as: EEA-resident holders have 1:1 euro redemption rights through SG-FORGE after KYC/AML and sanctions controls; payment is due by the last business day of the following month after controls are completed.
Is EURCV safe?
EURCV holds a B- Safety Score grade (67/100) in Pharos's latest published rating — a safe-tier grade, so Pharos assesses it as overall safe, though no stablecoin is entirely risk-free. Static metadata says EUR CoinVertible uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from SG-FORGE; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs EURCV?
Pharos classifies EURCV backing as Real-World Asset Backed. Collateral, per the static profile: Euro cash deposits at Societe Generale in segregated issuer accounts; the issuer's daily disclosure dated 2026-10-01 reports EURCV reserves 100% at Societe Generale. Reserve evidence: Self-Reported PoR from SG-FORGE.
Can EURCV be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for EURCV, when applicable, appear in the dossier below.
