Deutsche Börse Integrates SG-FORGE’s MiCA-Compliant Stablecoins for On-Chain Settlement
Deutsche Börse is set to integrate SG-FORGE’s euro and dollar CoinVertible stablecoins into its Clearstream settlement system, marking a significant step in the institutional adoption of tokenized cash. The stablecoins, EURCV and its dollar equivalent, are fully compliant with the EU’s Markets in Crypto-Assets (MiCA) regulation, providing a secure pathway for financial institutions to leverage blockchain technology.
The integration will streamline post-trade processes, including settlement, collateral management, and treasury operations. Deutsche Börse’s MOVE reflects broader market trends toward on-chain financial infrastructure, with its shares rising 2.80% on the DAX amid the announcement.
Société Générale’s crypto arm, SG-FORGE, continues to position itself as a leader in regulated digital assets, while Deutsche Börse’s embrace of stablecoins signals growing institutional confidence in blockchain-based solutions.