Deutsche Börse to Integrate SocGen Stablecoins into Clearstream Settlement System
Deutsche Börse Group, the German stock exchange operator, is set to incorporate stablecoins issued by Société Générale's crypto arm, SG-FORGE, into its Clearstream settlement services. The agreement will see both euro and dollar-denominated CoinVertible tokens integrated into post-trade operations, marking the first time these stablecoins will be used on a mainstream financial platform.
The partnership aims to explore the tokens' utility in securities settlement, collateral workflows, and treasury functions. Jean-Marc Stenger, CEO of SG-FORGE, emphasized the strategic importance of bridging crypto-native players with traditional market infrastructures like Deutsche Börse.
Further phases will assess broader applications across clearing, custody, and data services for institutional clients. The MOVE signals growing institutional acceptance of stablecoins as viable financial instruments within regulated frameworks.