Traditional Finance Meets DeFi Routing
1inch has made another move to connect traditional banking with decentralized finance by adding Flowdesk as a resolver for Societe Generale’s stablecoins. The integration lets 1inch Swap route liquidity for EURCV and USDCV, bringing bank-issued, MiCA-compliant stablecoins directly into the aggregator’s trading network. This gives traders access to both euro and dollar liquidity across major blockchain networks.
Flowdesk, a Paris-based liquidity provider registered with France’s financial regulator, will join 1inch’s resolver network to handle order execution and liquidity for these stablecoins. The company’s regulated status and institutional infrastructure seem crucial here – they say they provide solutions for institutions across both on-chain and centralized platforms, acting as the primary counterparty for these stablecoins on 1inch.
Bank-Backed Stablecoins Enter DeFi
EURCV and USDCV come from SG-FORGE, Societe Generale’s digital assets division. The tokens are presented as compliant with Europe’s MiCA framework and available on Ethereum and Solana. SG-FORGE describes them as fully backed, transparently collateralized “CoinVertible” tokens designed for both institutional and retail use. People have been watching Societe Generale’s stablecoin moves closely since the bank first launched EURCV and then announced USDCV earlier this year.
This integration comes during what many are calling “stablecoin summer” in 2025, with transfer volumes reaching levels that have caught the attention of regulators and traditional finance firms. Industry reports show annual stablecoin transfers climbing into the tens of trillions, showing how quickly tokenized cash is moving into mainstream financial workflows. Having regulated, bank-backed stablecoins available on major DeFi aggregators helps bridge the gap between on-chain utility and the compliance requirements that institutional users need.
Practical Benefits for Users
For 1inch users, this means swaps involving EURCV or USDCV can route through Flowdesk’s liquidity, which might lead to tighter spreads and better execution for euro and dollar trades. For SG-FORGE, it expands distribution, giving token holders and market makers another place to trade and settle in DeFi environments.
It’s worth noting that 1inch remains non-custodial – they don’t issue, redeem, or hold these stablecoins. They’re just providing the routing interface. This follows broader industry trends where banks and regulated entities are experimenting with tokenized currency systems, placing 1inch among DeFi infrastructure projects that support regulated, institution-grade assets.
As stablecoin adoption keeps growing across retail, institutional, and regulatory fronts, integrations like this one will probably influence how traditional liquidity providers and DeFi aggregators work together. The goal isn’t just better trade execution but creating ways for institutions to operate on-chain while maintaining regulatory compliance.
