Steakhouse Financial’s DeFi Markets Update: euro stablecoins like EURCV surpass $1B with new integrations, BIS links stablecoin flows to lower T‑bill yields, and Steakhouse app offers up to ~25% AUSD APY

Steakhouse Financial’s latest DeFi Markets Update highlights rapid growth in euro-denominated stablecoins, new empirical links between stablecoin activity and U.S. Treasury markets, and high on-chain yields available through its curated vault products. The note points out that euro stablecoins such as EURCV (Societe Generale’s on-chain euro stablecoin) and peers have collectively surpassed $1 billion in supply, helped by new integrations into DeFi lending and liquidity venues, which are making euro stablecoins a more significant funding and settlement asset in on-chain markets. This reflects a broader trend of non‑USD stablecoins starting to gain traction beyond niche use cases, particularly as European financial institutions and regulated issuers expand tokenized euro products and connect them to lending protocols and on-chain money markets. The update also cites recent Bank for International Settlements (BIS) work that connects stablecoin flows into on-chain money markets and tokenized T‑bill products with downward pressure on short‑term U.S. Treasury yields, framing stablecoins as an increasingly relevant channel in the transmission of global dollar liquidity into government bond markets. In parallel, Steakhouse underscores the yield environment by noting that its curated AUSD (Agora USD) vaults continue to offer elevated returns, with some strategies on its app showing annualized yields of roughly 20–25% APY, driven by strong borrowing demand in underlying markets and the spread between stablecoin lending rates and traditional short‑term rates. For market participants, these developments matter because they illustrate how DeFi lending, tokenized sovereign debt, and regulated euro and dollar stablecoins are becoming more tightly linked, with on-chain instruments potentially affecting, and being affected by, broader fixed‑income and liquidity conditions. {"entities":["Steakhouse Financial","SteakhouseFi","Steakhouse app","DeFi Markets Update","EURCV","euro stablecoins","Societe Generale","Bank for International Settlements (BIS)","stablecoins","U.S. Treasury bills","T-bill yields","AUSD","Agora USD","Agora","Morpho","on-chain money markets","tokenized T-bills"]}`

✨ AI-generated background, compiled from web sources — not editorial content.

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