Deutsche Börse to integrate Société Générale's MiCA-compliant stablecoin into its core market system

Jinse Finance reported that Deutsche Börse Group has signed an agreement with Societe Generale FORGE to integrate regulated euro and US dollar stablecoins into the support systems of Europe's largest financial market. Both parties will integrate SG-FORGE's euro and US dollar CoinVertible tokens into Deutsche Börse's post-trade operational systems, including the Clearstream clearing system. This collaboration enables banks and other market participants to use tokenized cash for transaction settlement within a regulated framework. By using stablecoins, both parties in a transaction can simultaneously transfer cash and securities on a shared ledger, achieving instant settlement instead of waiting for end-of-day processing. The initial phase will test CoinVertible as a security settlement asset and in collateral workflows, and explore its role in cash management functions.