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.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
US stocks closed lower across the board, while crypto stocks generally rose.
PANews Newsflash