German Stock Exchange to Add SocGen’s MiCA Stablecoins to Core Market Systems

Deutsche Börse Group and Societe Generale-FORGE have announced a partnership to integrate SocGen’s CoinVertible stablecoins into Deutsche Börse’s post-trade operations, including Clearstream. This strategic move aims to standardize the use of regulated euro and dollar stablecoins within Europe’s financial markets, enabling trades to be settled with tokenized cash in a regulated framework. The initial phase will focus on using CoinVertible as a settlement asset for securities and collateral workflows while exploring its treasury functions. This integration allows for simultaneous cash and securities transfers on a shared ledger, enhancing liquidity and operational efficiency. The collaboration also aligns with ongoing efforts in wholesale central bank digital currency pilots, signifying a broader commitment to modernize financial infrastructures in a digital economy.

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