Profile
EURCV profile facts
EUR CoinVertible (EURCV) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro.
- 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.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
EURCV quick answers
5
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?
As of Oct 25, 2026, Pharos grades EURCV A- (80/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs EURCV?
Pharos records EURCV's reserves as of Oct 1, 2026 as 100% Euro cash deposits at Societe Generale. Reserve evidence: Self-Reported PoR by SG-FORGE. Pharos classifies the backing as Real-World Asset Backed.
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 live dossier on this page.
How do you redeem EURCV?
Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem EURCV for a single stable asset, such as cash or a stablecoin. Settlement takes multiple days. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
