TechFlow, November 18 — According to CoinDesk, Deutsche Börse Group (DB1) has signed an agreement with Société Générale FORGE to integrate regulated euro and U.S. dollar stablecoins into the post-trade infrastructure of Europe's largest financial market.
The two parties will integrate SG-FORGE's euro and U.S. dollar CoinVertible tokens into Deutsche Börse's post-trade operational systems, including the Clearstream settlement system. This collaboration enables banks and other market participants to use tokenized cash for transaction settlements within a regulated framework.
By using stablecoins, counterparties can simultaneously transfer cash and securities on a shared ledger, enabling instant settlement instead of waiting for end-of-day processing. The initial phase will test CoinVertible tokens as assets for securities settlement and collateral workflows, while exploring their role in treasury management functions.
