German Stock Exchange to Add SocGen’s MiCA Stablecoins to Core Market Systems
Deutsche Börse Group and Societe Generale-FORGE are set to integrate CoinVertible stablecoins into the post-trade systems of Germany's stock exchange, enhancing settlement and collateral management across Europe’s financial markets. This collaboration aims to introduce regulated euro and dollar stablecoins, allowing for real-time settlement of trades with tokenized cash within a regulatory framework. The first phase of the partnership will focus on testing CoinVertible as a settlement asset and exploring its utility in treasury functions. Additionally, Deutsche Börse plans to list these stablecoins on its digital trading platforms to bolster liquidity. The partnership also aligns with ongoing central bank digital currency pilots, bridging traditional finance and crypto-native players.
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