Deutsche Börse to Integrate Société Générale's MiCA-Compliant Stablecoins

Deutsche Börse Group signed an agreement with Société Générale FORGE on Nov. 18 to integrate regulated EUR and USD stablecoins into post-trade infrastructure systems of Europe's largest financial market, BlockBeats reports. The integration will incorporate SG-FORGE's EUR and USD CoinVertible tokens into Deutsche Börse's post-trade operations, including the Clearstream settlement system. The partnership enables banks and market participants to settle transactions using tokenized cash within a regulated framework, with counterparties able to transfer cash and securities simultaneously on a shared ledger for instant settlement. The initial phase will test CoinVertible as a settlement asset and explore its role in collateral workflows and liquidity management functions.