Safe{Wallet} adds euro yield via SG-FORGE's EURCV on Morpho

Safe Labs has partnered with Société Générale-FORGE and Morpho to bring euro-denominated yield into Safe{Wallet}, giving users access to institutional-grade EUR savings in self-custody.

What this means for you:

Euro yield in Safe{Wallet} - Deposit EURCV, SG-FORGE’s MiCA-compliant euro stablecoin, into a dedicated Morpho vault and earn DeFi yield without leaving your Safe

Limited-time bonus campaign - Safe users depositing EURCV earn native lending and borrowing yield plus additional EURCV rewards during the campaign period

Why this matters:

Dollar stablecoin yield infrastructure is mature. Euro hasn’t caught up. EURCV is MiCA-compliant and purpose-built for institutional and retail use across DeFi, payments, and treasury operations. This brings that same quality of earning infrastructure to euro-denominated capital in self-custody, with Steakhouse Financial overseeing collateral selection, capital allocation, and risk management for the vault.

:clipboard: Read the full announcement: Safe Labs blog

:newspaper:[Coverage: Safe Labs integrates Morpho vault with EURCV stablecoin - The Block]

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SG-FORGE’s EURCV’s current 12% APY makes it one of the most competitive forms of revenue.

It’ll be good to research each protocol that comprises the revenue to understand where it comes from, i.e., Kiln, Morpho, Steakhouse Financial, and Société Générale-FORGE.

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