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Deutsche Börse Group Partners With SGForge For USD and EUR Stablecoins
Deutsche Börse Group Partners With SocGen For USD and EUR Stablecoins. Photo By Chiara Guerico On Unsplash.
Deutsche Börse Group and SGForge have entered a partnership to distribute the adoption of stablecoins.
The German exchange will offer SGForge's dollar and euro-backed stablecoins, developed by Societe Generale over last 2 years and both are MiCA approved with full 1:1 fiat reserves custodied currently at Societe Generale and BNY Mellon.
The EURCV stablecoin has grown its suppy steady since its 2023 launch and last month experienced a surge to around $75M according to CoinGecko. In contrast, the USDCV has just claimed $8M in supply since its much later launch in the fall of 2025.
Overall, Deutsche Börse will look to utilise the USDCV and EURCV stablecoins for internal implemented, such as corporate treasury management, as well as clearing and the settlement of securities and funds via ClearStream.
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