PANews reported on January 15th that, according to CoinDesk, SG-FORGE, the digital asset arm of Société Générale, partnered with Swift to successfully complete PANews reported on January 15th that, according to CoinDesk, SG-FORGE, the digital asset arm of Société Générale, partnered with Swift to successfully complete
Société Générale and Swift are testing stablecoin-settled tokenized bonds.
PANews reported on January 15th that, according to CoinDesk, SG-FORGE, the digital asset arm of Société Générale, partnered with Swift to successfully complete the issuance, delivery-to-payment (DvP), interest payment, and redemption of tokenized bonds using Swift's MiCA-compliant stablecoin, EUR CoinVertible (EURCV). This test validates the potential for collaboration between traditional payment systems and blockchain platforms. Swift's ability to coordinate cross-platform asset transactions is expected to accelerate the digitalization of capital markets. This project is part of a larger-scale digital asset experiment led by Swift and involving more than 30 global banks.
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