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

Deutsche Börse Group (DB1) and Societe Generale–FORGE have agreed to integrate SG-FORGE’s CoinVertible euro and dollar stablecoins into Deutsche Börse’s post-trade operations, such as Clearstream. This integration allows market participants to settle trades using tokenized cash within a regulated framework, enabling simultaneous movement of cash and securities, thus streamlining settlement processes that traditionally rely on end-of-day procedures. Jean-Marc Stenger, CEO of Societe Generale–FORGE, stated this partnership solidifies SG-FORGE's role as a leading European stablecoin issuer by connecting crypto-native entities with established financial market infrastructures. The initial phase will focus on testing CoinVertible for securities settlement and collateral workflows, with Deutsche Börse also planning to list the tokens on its digital trading platforms to enhance liquidity. Both entities will further explore the stablecoins' potential use across Deutsche Börse's broader service lines, including clearing, custody, and data tools.

(Source：CoinDesk)