Deutsche Börse Group, the German multinational exchange organization, has announced a partnership with French financial institution Societe Generale Group and its subsidiary SG-FORGE to integrate CoinVertible stablecoins (EURCV and USDCV) into their trading and post-trade infrastructure.
As part of the initial phase, CoinVertible tokens will be used as a settlement and collateral instrument in Clearstream, the post-trade unit of Deutsche Börse, supporting clearing, collateral management, and treasury operations.
Additionally, SG-FORGE stablecoins will be listed on Deutsche Börse Group’s digital trading platforms, aiming to enhance liquidity and market accessibility.
Looking ahead, both companies plan to explore a broader integration of Euro and US Dollar CoinVertible across Deutsche Börse Group’s full service portfolio, creating multiple use cases fully compliant with the EU Markets in Crypto Assets (MiCA) regulation and tailored for financial institutions.
Context: MiCA and the evolving EU crypto framework
Stefanie Eckermann, board member of Deutsche Börse Group responsible for post-trading, emphasized the importance of the project:
“This collaboration between leading European players strengthens the innovative capacity of our financial markets. We believe that the future of finance must embrace digitalization—not just in principle, but in practice. By integrating stablecoins into a regulated, reliable, and trusted infrastructure, we are taking decisive steps forward.”
Alexander Flery, co-head of Global Banking & Investor Solutions at Societe Generale, added:
“This partnership is a key step in connecting traditional capital markets with the crypto ecosystem. We are building bridges that will enable the scalable delivery of innovative products and services within a secure, regulated framework.”
Jean-Marc Stenger, CEO of SG-FORGE, highlighted:
“This strategic collaboration reinforces SG-FORGE’s position as a leading stablecoin issuer in Europe and establishes connections between crypto-native participants and established financial infrastructures.”
The partnership also aligns with ongoing initiatives in central bank digital currencies (CBDCs), aimed at modernizing issuance, settlement, and custody of financial instruments via distributed ledger technologies and digital central bank money.
Earlier, in September, Deutsche Börse Group signed a Memorandum of Understanding with Circle to integrate USDC and EURC into its financial infrastructure, laying the groundwork for broader adoption of digital assets.
