# EUR CoinVertible (EURCV): Live Peg, Issuer & Licences > EUR CoinVertible (EURCV) stablecoin: live EUR peg deviation in bps, depeg history, issuer SG-FORGE, licences linked to official registers, reserves and FAQ. Canonical: https://stableradar.com/coin/eurcv Generated: 2026-11-13T12:43:38.776Z (live figures are a snapshot at build time; see the canonical page for current values) Stablecoin profile LIVE # EUR CoinVertible (EURCV) stablecoin **In short:** EURCV is a EUR-pegged stablecoin issued by SG-FORGE. Token authorisation on record: EU (MiCA EMT). Below: live peg deviation, peg history, issuer, licences and FAQ. [Issuer profile → SG-FORGE](https://stableradar.com/issuer/sgforge) €1.1023 Peg target: €1.1054 (EUR) Watch Deviation: **-28.6 bps** (-0.29%) · Market cap: $189.5M Sources: CoinGecko, DefiLlama · [CoinGecko ↗](https://www.coingecko.com/en/coins/societe-generale-forge-eurcv) · Median of the available sources, refreshed in your browser. A deviation here is not a confirmed depeg. ### Token legal status EURCV Regulator-confirmed token authorisation (1) Entity licence / registration Société Générale - Forge (LEI 969500FX8K40ZDW4F377) ACPR · Electronic money institution esma.europa.eu ↗ (2) Authorisation to issue this token EU (MiCA EMT) ESMA EMT register row: Société Générale - Forge, electronic money institution, sgforge.com white paper esma.europa.eu ↗ (3) Applicable law MiCA — Regulation (EU) 2023/1114 ↗ Token legal status last checked: 27 Oct 2026 ### Issuer & legal entity - Issuer **SG-FORGE** - Legal entity Société Générale - Forge (LEI 969500FX8K40ZDW4F377) - Headquarters Puteaux, France - Backing mechanism Fiat-backed (EUR, EMT) - Reserve mix Cash collateral (EUR) - Reserves & attestation Daily circulation and collateral disclosure; 100% cash collateral, segregated and bankruptcy-remote (per SG-FORGE) [sgforge.com ↗](https://www.sgforge.com/product/coinvertible/) - Custody Société Générale - Redemption Redemption at par for holders per MiCA EMT rules (see white paper) Transparency Score (issuer) Transparency Score Weighted from public, sourced inputs · 81% of inputs available Not legal advice; algorithmic assessment from public sources. Our opinion based on public data as of 12 Nov 2026. Not a regulatory decision or a credit rating. [Issuer profile → SG-FORGE](https://stableradar.com/issuer/sgforge) ### Issuer licences, registrations & token status Issuer-level records from the SG-FORGE profile; each row links to the official register or source. | Jurisdiction | Record | Status | Source | | --- | --- | --- | --- | | EU-FR | MiCA e-money token issuer — EURCV white paper notified 01/07/2024 (ESMA EMT register); credit/e-money institution supervised by ACPR · ACPR | Authorized01/07/2024 | [Verified](https://www.esma.europa.eu/sites/default/files/2024-12/EMTWP.csv) | | EU-FR | MiCA CASP (custody, transfers; order execution since 24 Feb 2026) — per SG-FORGE · AMF | Authorized23 Oct 2025 (per SG-FORGE) | [Reported](https://www.sgforge.com/legal-information/) | ### EURCV peg history Max deviation from the peg, time spent outside ±50 / ±100 bps and derived events per window. 24h: CoinGecko 5-minute prices; 7d, 30d, 90d: hourly; 1y: daily. Cached at build time. | Favourites | Coin | Peg | Trend | Max |dev| | Low | >±50 bps | >±100 bps | Events | Details | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | **EURCV** | EUR | | −41.8 bps | 0.9958 | 0 | 0 | 0 | | Source: [CoinGecko ↗](https://www.coingecko.com/), [DefiLlama ↗](https://defillama.com/stablecoins) · market data cached 13 Nov 2026, 11:28 UTC. Aggregated prices can move on thin markets; a deviation here is not a confirmed depeg. ### EURCV supply by chain Current circulating supply per chain from the DefiLlama stablecoins API (cached at build time). Per-chain or DEX prices are not shown: no free source covers them reliably. | Chain | Supply | Share of supply | | --- | --- | --- | | Ethereum | $143.0M | 84.5% | | Stellar | $15.0M | 8.9% | | XRPL | $10.0M | 5.9% | | Solana | $1.2M | 0.7% | Source: [DefiLlama ↗](https://defillama.com/stablecoins) ### FAQ about EURCV #### What is EUR CoinVertible (EURCV)? EURCV is a stablecoin pegged to the euro. Issuer: SG-FORGE. Backing (as described in our data): Fiat-backed (EUR, EMT). #### Who issues EURCV? EURCV is issued by Société Générale - Forge (LEI 969500FX8K40ZDW4F377). The issuer profile on StableRadar lists its licences with links to official registers. #### Is EURCV authorised under MiCA or another stablecoin regime? A regulator-confirmed token authorisation is on record: EU (MiCA EMT). Register record: ESMA EMT register row: Société Générale - Forge, electronic money institution, sgforge.com white paper. Applicable law noted: MiCA — Regulation (EU) 2023/1114. #### Is EURCV safe? StableRadar does not say whether a coin is safe and does not give investment advice. In our opinion, based on public data as of 12 Nov 2026, the issuer SG-FORGE has a Transparency Score of 40/100. This is not a regulatory decision or a credit rating. The live peg deviation and the official register links are on this page. #### How is EURCV backed? Model: Fiat-backed (EUR, EMT). Reserve mix: Cash collateral (EUR). Attestation: Daily circulation and collateral disclosure; 100% cash collateral, segregated and bankruptcy-remote (per SG-FORGE). ### Related pages Issuer profile → SG-FORGE Stablecoin laws by country News & depeg incidents Live peg monitor All stablecoins Issuer ranking Informational only: not legal, investment or compliance advice. Company statements are marked “per company”. Live prices: 13 Nov 2026, 12:43 UTC · Issuer reference data reviewed: 26 Oct 2026 (later changes are dated on each row) · Sources: [Issuer disclosures (SG-FORGE)](https://www.sgforge.com/product/coinvertible/), [DefiLlama · EURCV](https://defillama.com/stablecoin/eur-coinvertible), [CoinGecko · EURCV](https://www.coingecko.com/en/coins/societe-generale-forge-eurcv), [DefiLlama · Ethereum stablecoins](https://defillama.com/stablecoins/Ethereum) Data: [DefiLlama](https://defillama.com/) · Powered by [CoinGecko](https://www.coingecko.com/)