Société Générale's digital asset division, SG-FORGE, has partnered with Swift to successfully test the issuance and settlement of tokenized bonds using a stablecoin. The trial involved the use of Swift's MiCA-compliant stablecoin, EUR CoinVertible (EURCV), to complete the delivery-to-payment (DvP), interest payment, and redemption processes. This initiative demonstrates the potential for integrating traditional payment systems with blockchain technology, aiming to enhance the digitalization of capital markets. The project is part of a broader digital asset experiment by Swift, involving over 30 global banks.
Société Générale and Swift Test Stablecoin-Settled Tokenized Bonds
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