Stablecoin & DeFi Market - Stablecoin summer continues with increased token availability and liquidity [1] - 1inch now supports EURCV and USDCV, the first MiCA-compliant stablecoins from Societe Generale Forge [1] - The integration aims to bridge DeFi freedom with institutional credibility [1] Partnerships & Technology - Flowdesk_co is the new resolver facilitating the increased token availability [1] - Swap functionality for EURCV and USDCV is available on 1inch [1]

Group 1: Core Insights - ODDO BHF has launched EUROD, a euro-backed stablecoin, marking a significant step for traditional banks into regulated blockchain finance [1][2] - The token will be listed on Bit2Me, a Madrid-based exchange, which is authorized under the EU's MiCA regulation, allowing it to operate across the EU [2][3] - EUROD is issued on the Polygon network, ensuring faster and cheaper transactions, and is fully backed by euro reserves with external audits [3] Group 2: Regulatory Framework - The MiCA regulation requires stablecoin issuers to maintain one-to-one reserves and guarantees for redemption, promoting governance and transparency [4] - The rollout of EUROD will serve as a test for the effectiveness of MiCA in harmonizing digital asset oversight across the EU [4] Group 3: Market Context - Euro-pegged stablecoins have seen a doubling in market cap this year, with Circle's EURC leading at approximately $270 million [6] - Despite warnings from ECB officials about the risks of foreign stablecoins, the clarity provided by MiCA is fostering competition among European banks to issue compliant stablecoins [7][8]

The supply for EURCV on @ethereum is up by ~400% YoY.EURCV is a stablecoin issued by @SocieteGenerale, a French multinational bank & financial services company founded in 1864. https://t.co/i0Qb128mr2 ...

The supply for EURCV on @ethereum is up by ~400% YoY.EURCV is a stablecoin issued by @SocieteGenerale, a French multinational bank & financial services company founded in 1864.The incumbents are building on Ethereum. https://t.co/eqD3vsNGOA ...

Stablecoin Market - EURCV 在以太坊上的供应量同比增长约 400% [1] - 法国兴业银行（Societe Generale）发行的稳定币 EURCV 正在以太坊上发展 [1] Financial Institutions & Blockchain - 传统金融机构正在以太坊上构建应用 [1]

related:https://t.co/68Oky65N3WSpiko (@Spiko_finance):From now, EUTBL and USTBL holders can borrow SG Forge’s MiCA-compliant stablecoins EURCV & USDCV on @MorphoLabs via @Ethereum.♾️Up to 96.5% LTV🎯 Risk managed by @MEVCapital💸 Incentivized through @merkl_xyz ...

The supply for EURCV on @ethereum is up by ~400% YoY.EURCV is a stablecoin issued by @SocieteGenerale, a French multinational bank & financial services company founded in 1864.The incumbents are building on Ethereum. https://t.co/0bsQk8Hn0i ...

RT Morpho 🦋 (@MorphoLabs)SG Forge, @societegenerale's regulated digital asset arm, has selected Morpho to power lending and borrowing for its MiCA-compliant stablecoins, EURCV & USDCV.This is the beginning of an inevitable shift: banks are coming onchain and Morpho will be their universal backend. https://t.co/hoT0AJeFWa ...

DeFi Composability - DeFi 领域展示了可组合性，预计将有相关图表展示 [1] - EUTBL 和 USTBL 持有者现在可以通过 Ethereum 上的 MorphoLabs 借用 SG Forge 符合 MiCA 标准的稳定币 EURCV 和 USDCV [1] Lending Parameters - 贷款价值比 (LTV) 高达 96.5% [1] Risk Management & Incentives - 风险由 MEVCapital 管理 [1] - 通过 merkl_xyz 提供激励 [1]

Core Insights - Société Générale is actively engaging in decentralized finance (DeFi) by integrating its euro and dollar stablecoins with major DeFi platforms like Uniswap and Morpho, marking a significant step beyond pilot projects in the banking sector [2][3][4] Company Developments - SG Forge, the digital assets arm of Société Générale, has integrated its USDCV and EURCV stablecoins with Uniswap, which has a monthly trading volume exceeding $100 billion, and Morpho, a lending protocol with $11 billion in deposits [2] - The integration allows institutional clients to swap stablecoins and other crypto assets on Uniswap and to lend and borrow against them through Morpho [2][3] Industry Trends - The DeFi lending sector is gaining traction, with deposits to DeFi lending protocols reaching an all-time high of $130 billion in early September, indicating a strong demand for decentralized lending solutions [3] - Other banks, such as Credit Suisse and Standard Chartered, are also exploring digital assets and tokenization, reflecting a broader trend in the banking industry towards embracing DeFi and digital currencies [5] Regulatory Environment - Recent regulatory developments, including the European Union's MiCA rules and new stablecoin regulations in the US, are fostering a more favorable environment for banks to engage with digital assets [6] - Future regulations, such as the planned market structure bill in the US, are expected to further encourage banks to explore DeFi initiatives, although potential delays due to government shutdowns may impact this [6]