PANews reported on November 18th that, according to CoinDesek, Deutsche Börse Group (DB1) and SG-FORGE, the digital asset subsidiary of Société Générale, announced on Tuesday their plans to integrate regulated euro and dollar stablecoins into their infrastructure. The two companies have signed an agreement to integrate SG-FORGE's euro and dollar stablecoin, CoinVertible, with DB1's backend systems, including Clearstream. The first phase will test CoinVertible's performance as a settlement asset for securities and collateral workflows and explore its role in fund management functions.

Deutsche Börse also plans to list these tokens on its digital trading platform to improve liquidity. The two companies will explore the possibility of using stablecoins across Deutsche Börse's broader service offerings, including clearing, custody, and data tools for banks, asset managers, and crypto firms. This collaboration is progressing concurrently with the two companies' participation in a wholesale central bank digital currency pilot project.