USD CoinVertible (USDCV) stablecoin analytics
USDCV is Societe Generale-FORGE's MiCA-regulated U.S. dollar stablecoin, redeemable 1:1 against cash and HQLA segregated at BNY Mellon.
Static Profile
Static stablecoin profile
USD CoinVertible (USDCV) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated May 15, 2026
SocGen-FORGE's USDCV is MiCA-regulated bank-issued plumbing with cash at BNY Mellon, institutional custody, and the calmest stress reading on the dashboard — distribution still trails the regulatory pedigree. USDCV is what happens when Europe's sixth-largest bank decides to...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- U.S. dollar cash deposits and high-quality liquid assets held 1:1 in segregated accounts at Bank of New York Mellon (BNY), managed by independent fiduciaries and bankruptcy-remote from SG-FORGE; daily public disclosure of reserve composition
- Peg Mechanism
- Direct 1:1 redemption through SG-FORGE
- Jurisdiction
- France / ACPR / EMI (MiCA)
- Proof Of Reserves
- Self-Reported PoR by SG-FORGE Reserve source
Snippet Answer
Is USDCV safe?
Pharos does not mark USDCV as absolutely safe. Static metadata says USD 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.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdcv-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 May 15, 2026.
USDCV quick answers
What is USD CoinVertible (USDCV)?
USDCV is Societe Generale-FORGE's MiCA-regulated U.S. dollar stablecoin, redeemable 1:1 against cash and HQLA segregated at BNY Mellon. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through SG-FORGE
What backs USDCV?
Pharos classifies USDCV backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar cash deposits and high-quality liquid assets held 1:1 in segregated accounts at Bank of New York Mellon (BNY), managed by independent fiduciaries and bankruptcy-remote from SG-FORGE; daily public disclosure of reserve... Reserve evidence: Self-Reported PoR from SG-FORGE.
Can USDCV 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 USDCV, when applicable, appear in the dossier below.