Aave Weighs EURCV Listing for Regulated Euro Stablecoin Access
Aave is considering adding EURCV, a euro stablecoin issued by Societe Generale-FORGE, to its V4 Ethereum core instance. The proposal, currently at the ARFC stage, has conditional support from LlamaRisk.
EURCV is not yet listed in the V4 market, but Aave's governance is weighing the benefits of onboarding a regulated euro stablecoin. This move would give Aave access to more euro-denominated borrowing and lending activity.
LlamaRisk has issued conditional support for the listing, requiring additional verification around the issuer's security and bug-bounty framework. The listing remains under discussion, with no clear timeline for activation.