German Stock Exchange to Add SocGen’s MiCA Stablecoins to Core Market Systems
Deutsche Börse Group and Societe Generale-FORGE announced plans to integrate regulated euro and dollar stablecoins, known as CoinVertible tokens, into Deutsche Börse's post-trade operations, including Clearstream. This collaboration aims to enhance settlement, collateral management, and liquidity across Europe’s financial markets. By enabling trades to be settled with tokenized cash in a regulated framework, the integration allows for simultaneous movement of cash and securities on a shared ledger. The first phase will test the use of CoinVertible as a settlement asset and in treasury functions, with plans to list the tokens on digital trading platforms to foster liquidity. This partnership reinforces Societe Generale-FORGE's position as a leading stablecoin issuer and bridges crypto-native players with established financial infrastructures.
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