Societe Generale’s digital asset subsidiary, SG-FORGE, has taken its euro and dollar stablecoins into decentralized finance (DeFi), opening them up to borrowing, lending and spot trading, according to a press release on Tuesday.

The move places the bank’s EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) on Ethereum-based protocols Morpho and Uniswap, extending SG-FORGE’s effort to distribute its stablecoins, digital tokens whose value is pegged to a real-world asset, through centralized exchanges and brokers.

By moving into DeFi, SG-FORGE allows clients to transact around the clock with assets tied to major currencies, while relying on smart contracts to handle the mechanics.

On Morpho, users can now lend and borrow EURCV and USDCV against cryptocurrencies such as bitcoin (BTC), et

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