Societe Generale Partners with Swift to Settle Tokenized Bonds Using Stablecoins

MEVictim · 2026-01-15T15:54:06+00:00

Societe Generale's SG-FORGE collaborates with Swift to settle tokenized bonds using fiat and stablecoins, showcasing the feasibility of DvP settlement and other market operations.

MEVictim

2026-01-15 15:54:06

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Source: CryptoNewsNet Original Title: Societe Generale works with Swift to settle tokenize bonds using cash and stablecoins Original Link: The cryptocurrency and stablecoin-focused arm of French bank Societe Generale (GLE), SG-FORGE, is working with Swift, the global interbank messaging system, to exchange and settle tokenized bonds using both fiat and digital currencies.

The transaction was carried out using SG-FORGE’s EURCV stablecoin, the first MiCA (Markets in Crypto Assets)-compliant stablecoin natively compatible with Swift, which played an orchestration role across blockchain platforms and existing payment systems.

The transaction “demonstrated the feasibility of key market operation use cases: issuance, delivery-versus payment (DvP) settlement, coupon payments and redemption,” SG-FORGE said.

Blockchain technology and stablecoin settlement rails are often touted as an alternative to Swift. In this case, SocGen is pushing the collaborative possibilities between existing and emergent infrastructure.

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LightningPacketLoss

· 11h ago

Oh no, traditional finance is copying our homework. You're only now starting to use stablecoin settlement?

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RektButStillHere

· 13h ago

Are established banks starting to play with tokenized bonds? And they still have to rely on traditional infrastructure like Swift. Isn't this just an awkward fusion of Web2 and Web3... But on the other hand, having backing from major banks can help push this thing into the mainstream, just feels a bit slow.

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MetaverseHomeless

· 13h ago

NGL, big banks are really going to take stablecoins seriously now, even SWIFT has to keep up, right?

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