Deutsche Börse & Societe Generale: Stablecoins in European Markets
Update: 2025-11-18
Description
Deutsche Börse Group and Societe Generale-FORGE unveil plans to introduce regulated euro and dollar stablecoins into European financial markets. This collaboration aims to integrate SG-FORGE’s CoinVertible tokens into Deutsche Börse’s post-trade operations, enabling banks and market participants to settle trades using tokenized cash. The goal is to expedite the settlement process by allowing simultaneous exchange of cash and securities on a shared digital ledger. The initial phase will involve testing CoinVertible as a settlement asset for securities and collateral workflows, and exploring its potential for treasury functions. Both groups aim to list these tokens on Deutsche Börse’s digital trading platforms and investigate their use across various services, benefiting banks, asset managers, and crypto firms. This partnership marks a significant step towards integrating digital assets into mainstream finance.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
