BCB has reached an agreement with Société Générale, a wholly-owned subsidiary, to promote the Euro stablecoin EURCV.

BlockBeats News, June 3rd, according to CoinDesk's report, BCB Markets, the trading arm of the crypto payment company BCB Group, announced on Tuesday that it has reached an agreement with Societe Generale's digital asset subsidiary Societe Generale–FORGE, to promote its developed Euro-backed stablecoin EURCoinVertible (EURCV).

This marks another milestone for fiat-backed digital assets moving towards wider adoption, as major institutions are starting to seek stablecoin alternatives beyond the US dollar.