{
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        "rendered": "Societe Generale deploys stablecoins on Canton for tokenized finance"
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        "rendered": "<div>\n<p>Societe Generale said its digital assets subsidiary Societe Generale-FORGE will deploy EUR and USD CoinVertible stablecoins on the Canton Network and support tokenized collateral and repo financing activity on the network.<\/p>\n<p>The Paris-based bank said it plans to use the network for collateral management and short-term financing transactions tied to tokenized assets. It added that Canton\u2019s infrastructure could be used for collateral mobility, margin management and risk management workflows tied to tokenized assets.<\/p>\n<p>SG-FORGE said its EURCV and USDCV stablecoins will be used for settlement, financing and cash management activity on the network in permitted jurisdictions. The stablecoins are restricted to non-US permitted participants and are not registered under the US Securities Act, according to the announcement.<\/p>\n<p>Societe Generale will also participate in the network as a strategic partner and validator. The bank previously issued a tokenized green bond on the\u00a0Canton Network\u00a0in November 2025 through SG-FORGE.<\/p>\n<p>SG-FORGE launched its euro-denominated EURCV stablecoin in 2023 and introduced the US dollar-denominated USDCV stablecoin in 2025. Data from\u00a0DeFiLlama\u00a0shows EURCV has a market capitalization of about $97 million, while USDCV has roughly $20 million in circulation.<\/p>\n<p>Last month, the bank <a href=\"https:\/\/cointelegraph.com\/news\/societe-generale-forge-brings-mica-compliant-stablecoin-metamask\">integrated USDCV<\/a> into the MetaMask wallet through a partnership with Consensys.<\/p>\n<figure><img loading=\"lazy\" alt=\"Source: DefiLlama\"   width=\"896\" height=\"309\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/screenshot-2026-05-13-at-100517-am.png\" decoding=\"async\"><figcaption><em>Source: DefiLlama<\/em><\/figcaption><\/figure>\n<p><em>Source: <\/em><a href=\"https:\/\/defillama.com\/stablecoin\/eur-coinvertible\" rel=\"nofollow noopener\" target=\"_blank\"><em>DefiLlama<\/em><\/a><\/p>\n<p><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/stablecoins-euro-global-role-ecb-christine-lagarde\"><em><strong>Stablecoins won\u2019t strengthen global role of euro, ECB\u2019s Lagarde says<\/strong><\/em><\/a><\/p>\n<h2>Financial institutions expand tokenized collateral infrastructure<\/h2>\n<p>The announcement comes as banks and financial institutions are expanding their use of blockchain-based systems for collateral management, repo financing and stablecoin settlement.<\/p>\n<p>This week, JPMorgan filed to launch a <a href=\"https:\/\/cointelegraph.com\/news\/jpmorgan-files-second-tokenized-money-market-fund-ethereum\">tokenized money market fund on Ethereum<\/a> through its Kinexys Digital Assets unit. The fund will invest in Treasury bills and overnight repurchase agreements collateralized by Treasurys or cash.<\/p>\n<p>On Tuesday, The Depository Trust &#038; Clearing Corporation said it will <a href=\"https:\/\/cointelegraph.es\/news\/dtcc-to-use-chainlink-to-power-247-collateral-management-network\" rel=\"nofollow noopener\">integrate infrastructure from Chainlink<\/a> into its collateral management platform ahead of a planned 2026 launch to support tokenized collateral movement, valuation and settlement workflows. DTCC\u2019s subsidiaries processed $4.7 quadrillion in securities transactions in 2025.<\/p>\n<p>Separately, Broadridge Financial Solutions yesterday announced it expanded its infrastructure to <a href=\"https:\/\/cointelegraph.es\/news\/wall-street-tokenization-grows-as-broadridge-financial-solutions-adds-tokenized-securities-support\" rel=\"nofollow noopener\">support tokenized stocks<\/a>, funds and money market instruments across trading and post-trade operations. The company said its distributed ledger repo platform tokenizes more than $365 billion in assets daily.<\/p>\n<p>RWA.xyz <a href=\"https:\/\/app.rwa.xyz\" rel=\"nofollow noopener\" target=\"_blank\">data<\/a> shows more than $31.6 billion worth of real-world assets, excluding stablecoins, are currently tokenized on blockchain networks. Tokenized US Treasury products account for the largest share of the market at more than $15.3 billion, followed by commodities at about $5.1 billion.<\/p>\n<figure><img loading=\"lazy\" alt=\"Source: RWA.xyz\"   width=\"896\" height=\"561\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/screenshot-2026-05-13-at-95134-am.png\" decoding=\"async\"><figcaption><em>Source: RWA.xyz<\/em><\/figcaption><\/figure>\n<p><em>Snapshot of tokenized real-world assets. Source: <\/em><a href=\"https:\/\/app.rwa.xyz\" rel=\"nofollow noopener\"><em>RWA.xyz<\/em><\/a><\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a href=\"https:\/\/cointelegraph-magazine.com\/etoro-founder-yoni-assia-bitcoin-four-year-cycle-theory-price-prediction-btc\/\" rel=\"nofollow noopener\"><em><strong>eToro founder timed Bitcoin top perfectly due to belief in 4 year cycles<\/strong><\/em><\/a><\/p>\n<\/div>\n<p>Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s <a href=\"https:\/\/cointelegraph.com\/editorial-policy\">Editorial Policy<\/a> and aims to provide accurate and timely information. Readers are encouraged to verify information independently. <\/p>",
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        "rendered": "<p>Societe Generale said its digital assets subsidiary Societe Generale-FORGE will deploy EUR and USD CoinVertible stablecoins on the Canton Network [&hellip;]<\/p>",
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