Finance
Deutsche Boerse to add SocGen's stablecoins to its settlement business
Published by Global Banking & Finance Review®
Posted on November 18, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 18, 2025
2 min readLast updated: January 21, 2026
Deutsche Boerse will integrate SocGen's stablecoins into its settlement system, aiming to improve transaction speed and efficiency.
By Elizabeth Howcroft
PARIS (Reuters) -German stock exchange operator Deutsche Boerse plans to integrate stablecoins made by French bank Societe Generale in its settlement business, the companies said on Tuesday, in an attempt to get the tokens more widely used.
Societe Generale's crypto arm, SG-FORGE, has created a dollar-backed and euro-backed public stablecoin, but both have seen limited adoption.
Deutsche Boerse plans to add the tokens to Clearstream, the companies said, by adding them to its custody services and possibly using them to settle trades and manage collateral in future. The partnership is the first time SG-FORGE's stablecoins will be integrated into a mainstream financial platform.
Jean-Marc Stenger, CEO of SG-FORGE, said that using stablecoins is a quicker and cheaper way to move money.
"What we want to achieve here is to bring to the traditional financial ecosystem the efficiency and speed we all see in the crypto ecosystem," he said.
Banks and other financial institutions have for years been trying to find a role for blockchain-based assets, including stablecoins, in their businesses.
There are $29.6 million worth of Societe Generale's dollar-backed token in circulation, and 65.2 million euros ($75.6 million) of the euro-backed equivalent, according to the company's website. The stablecoin market is dominated by El Salvador-based Tether, which says it has issued $184 billion worth of tokens.
Crypto markets have surged following the election of U.S. President Donald Trump.
($1 = 0.8630 euros)
(Reporting by Elizabeth Howcroft; Editing by Toby Chopra)
A stablecoin is a type of cryptocurrency that is designed to maintain a stable value by pegging it to a reserve asset, such as a currency or commodity, to reduce volatility.
Deutsche Boerse is a German financial services company that operates the Frankfurt Stock Exchange and provides trading and settlement services for various financial instruments.
Clearstream is a financial services company that provides post-trade services for securities, including settlement and custody, facilitating the transfer of ownership of securities.
Collateral management involves the process of managing collateral assets to mitigate credit risk in financial transactions, ensuring that obligations are met in case of default.
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