Societe Generale Expands Stablecoin Presence on DeFi Platforms
Date: 2025-10-01 Author: Oliver Abernathy Categories: BUSINESS
SG-FORGE has integrated its EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) stablecoins into the Morpho ecosystem and the Uniswap decentralized exchange. Lending markets have been created on the Morpho platform: users can now borrow and lend EURCV and USDCV against Bitcoin, Ethereum, and tokenized money market funds. Risk management and collateral selection are handled by MEV Capital.
Spot trading pairs for these stablecoins have been added to Uniswap, enabling direct trading without intermediaries. Liquidity is provided by market maker Flowdesk, enhancing stability and trading volume.
Representatives of the US Federal Reserve also commented on the development of stablecoins. Christopher Waller, a member of the Federal Reserve Board of Governors, stated that new financial technologies, including fiat-pegged coins, pose no threat. He emphasized that stablecoins create competition and diversity in the market, while reducing transaction costs and increasing the efficiency of payments, especially international ones.
Waller noted that the government should ensure "prudent" regulation to protect users and maintain financial stability, while the private sector should remain a leader in innovation.
As a reminder, SG-FORGE first introduced USDCV in accordance with MiCA regulatory standards in June 2025. This expansion to the Uniswap and Morpho platforms is a step toward increasing the liquidity and accessibility of stablecoins for users in both lending and trading.
Experts believe that such integrations foster trust in private digital assets and stimulate the development of decentralized finance. At the same time, the role of regulators remains key to ensuring user security and maintaining the stability of the financial system.
Therefore, SG-FORGE's move strengthens the position of stablecoins in the market and demonstrates a balance between private sector innovation and necessary government oversight, creating new opportunities for crypto ecosystem participants.
