# Banks & Stablecoins — Bank-Issued Tokens, Custody & Settlement | StableRadar

> Banks implementing stablecoins and deposit tokens: issuers, reserve custodians, settlement integrations, consortia and pilots, with official sources.

Canonical: https://stableradar.com/banks
Generated: 2026-10-26T08:33:40.775Z (live figures are a snapshot at build time; see the canonical page for current values)

# Banks & Stablecoins REFERENCE · bank & partner official releases · as of 2026-10-26
**In short:** 8 banks with officially announced stablecoin activity: 5 issuer, 3 custodian, 2 settlement and 0 pilot entries, e.g. Societe Generale-FORGE (EURCV, USDCV), BNY (RLUSD reserve custodian) and JPMorgan Kinexys (JPMD pilot). Sources: official bank releases, as of 2026-10-26.

Banks issuing stablecoins or deposit tokens, custodying stablecoin reserves, settling in stablecoins, or piloting them. Official sources only; not exhaustive.

| Bank | Project / coin | Role | Status | Date | Links |
| --- | --- | --- | --- | --- | --- |
| **🇫🇷 Societe Generale (SG-FORGE)**France | EUR CoinVertible (EURCV)EURCV launched April 2023 (per SG-FORGE release of 10 Jun 2025). | Issuer | Live | 2023-04 | [Bank ↗](https://www.sgforge.com/) · [Source ↗](https://www.sgforge.com/usd-stablecoin-bny-custodian/) |
| **🇫🇷 Societe Generale (SG-FORGE)**France | USD CoinVertible (USDCV) — Ethereum, SolanaBNY reserve custodian; not available to US persons. | Issuer | Announced (trading expected early Jul 2025) | 2025-06-10 | [Bank ↗](https://www.sgforge.com/) · [Source ↗](https://www.sgforge.com/usd-stablecoin-bny-custodian/) |
| **🇺🇸 BNY**United States | USDCV reserves (SG-FORGE) | Custodian | Announced | 2025-06-10 | [Bank ↗](https://www.bny.com/) · [Source ↗](https://www.sgforge.com/usd-stablecoin-bny-custodian/) |
| **🇺🇸 BNY**United States | Ripple USD (RLUSD) reservesPrimary custodian of RLUSD reserves; also transaction banking for Ripple. | Custodian | Live | 2025-07-09 | [Bank ↗](https://www.bny.com/) · [Source ↗](https://ripple.com/ripple-press/ripple-selects-bny-to-custody-ripple-usd-reserves/) |
| **🇺🇸 J.P. Morgan (Kinexys)**United States | JPMD USD deposit token — BasePermissioned deposit token for institutional clients; J.P. Morgan describes it as a deposit token, not a stablecoin. | Issuer | Pilot (proof of concept) | 2025-06-24 | [Bank ↗](https://www.jpmorgan.com/kinexys) · [Source ↗](https://www.jpmorgan.com/payments/newsroom/kinexys-usd-digital-deposit-tokens) |
| **🇺🇸 SoFi Bank, N.A.**United States | SoFiUSDFirst national bank to issue a stablecoin on a public permissionless chain (per SoFi). | Issuer | Live | 2025-12-18 | [Bank ↗](https://www.sofi.com/) · [Source ↗](https://investors.sofi.com/news/news-details/2025/SoFi-Launches-Fully-Reserved-Stablecoin-to-Power-Financial-Infrastructure-for-Banks-Fintechs-and-Enterprise-Partners/default.aspx) |
| **🇺🇸 Anchorage Digital Bank, N.A.**United States | USDPT (Western Union) — SolanaFederally regulated issuer for Western Union’s USDPT. | Issuer | Live | 2026-05-04 | [Bank ↗](https://www.anchorage.com/) · [Source ↗](https://ir.westernunion.com/news/archived-press-releases/press-release-details/2026/Western-Union-Launches-USDPT-on-Solana-Advancing-Regulated-Digital-Infrastructure-for-Global-Payments/default.aspx) |
| **🇺🇸 Cross River Bank**United States | Visa USDC settlement — SolanaInitial US bank settling with Visa in USDC. | Settlement | Live | 2025-12-16 | [Bank ↗](https://www.crossriver.com/) · [Source ↗](https://corporate.visa.com/en/sites/visa-perspectives/newsroom/visa-launches-stablecoin-settlement-in-the-united-states.html) |
| **🇺🇸 Lead Bank**United States | Visa USDC settlement — SolanaInitial US bank settling with Visa in USDC. | Settlement | Live | 2025-12-16 | [Bank ↗](https://www.lead.bank/) · [Source ↗](https://corporate.visa.com/en/sites/visa-perspectives/newsroom/visa-launches-stablecoin-settlement-in-the-united-states.html) |
| **🇸🇬 DBS Bank**Singapore | Paxos Singapore stablecoin reserves & cash managementPrimary banking partner for custody of stablecoin reserves. | Custodian | Announced | 2024-07-01 | [Bank ↗](https://www.dbs.com/) · [Source ↗](https://www.paxos.com/newsroom/paxos-secures-full-approval-to-offer-digital-payment-token-services-from-monetary-authority-of-singapore-dbs-to-be-primary-banking-partner) |

Consortium entries: none published yet with an official link this pass. Roles inferred only from the cited release text.

Last updated: 2026-10-26 · Sources: Bank & partner official releases (linked per row)