Safe integrates Morpho vault to earn yield using Société Générale’s MiCA-compliant EURCV stablecoin
The Block
Safe is integrating with Morpho to allow users to earn yield on Société Générale’s EURCV stablecoin, expanding euro-denominated DeFi opportunities.Summary
Safe Labs is launching an initiative to enable users to earn yield on the euro-pegged stablecoin EUR CoinVertible (EURCV) issued by Société Générale-FORGE. This integration connects users to a dedicated vault on the Morpho decentralized lending protocol, with yield payouts directly to Safe wallets. Steakhouse Financial curates DeFi earning opportunities within the vault, managing risk parameters and collateral assets. EURCV is MiCA-compliant, addressing the need for institutional-grade euro yield in self-custody. Safe, which saw a fivefold revenue increase in 2025, aims to reach $100 million in annual recurring revenue by 2030 through such expansions.
(Source：The Block)