1inch added support for EURCV and USDCV, euro- and dollar-denominated stablecoins issued by Societe Generale-FORGE, with trading now available in 1inch Swap. The assets are described as MiCA-compliant and aimed at bridging decentralized finance with regulated market standards.

Assets and technical compatibility

The issuer is Societe Generale-FORGE, a subsidiary of the French bank Societe Generale responsible for tokenized financial instruments and digital-asset services. Both tokens operate on the Ethereum network and are compatible with major DeFi protocols, enabling custody, transfers, and settlement using common tooling without additional integration work.

Liquidity and resolver network

Flowdesk joined the 1inch resolver network to supply liquidity for EURCV and USDCV, supporting price discovery and execution across aggregated venues. Flowdesk is registered with France’s AMF (Autorité des marchés financiers), which aligns its market-making activity for these tokens with local regulatory oversight.

Compliance positioning and comments

According to 1inch co-founder Sergey Kunz, integrating MiCA-aligned stablecoins strengthens the reliability and compliance posture of DeFi infrastructure within the European regulatory framework. The move reflects demand from institutional participants for assets that meet standardized disclosures, governance requirements, and reserve assurances defined under MiCA.

What changes for users

• Swaps for EURCV and USDCV are supported directly in 1inch Swap with routing across aggregated liquidity sources.
• Institutional workflows benefit from AMF-registered liquidity provision and tokens issued by a Societe Generale subsidiary.
• Ethereum-based design keeps transfers, custody, and integration consistent with existing wallets and DeFi middleware stacks.

Context

MiCA introduces EU-wide rules for issuers and service providers, targeting reserve transparency, governance, and consumer protections for fiat-referenced tokens. Within that context, EURCV and USDCV are positioned as regulated instruments, while aggregator support from 1inch and liquidity from Flowdesk aim to connect traditional finance workflows with on-chain execution.