German Stock Exchange to Add SocGen’s MiCA Stablecoins to Core Market Systems
Deutsche Börse Group and Societe Generale-FORGE are set to integrate SocGen's regulated Euro and Dollar stablecoins, CoinVertible, into Deutsche Börse's infrastructure, enhancing settlement, collateral management, and liquidity in digital platforms. This integration aims to streamline trade settlements, allowing participants to transfer tokenized cash simultaneously with securities, circumventing traditional end-of-day processing delays. The partnership reinforces SG-FORGE's status as Europe's stablecoin issuer and will explore the use of these stablecoins within Deutsche Börse's expansive services, including clearing and custody. The first phase of this initiative will test CoinVertible as a settlement asset, potentially paving the way for broader applications and liquidity support across financial markets in Europe.
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