By Isaac • May 13, 2026 8:01 pm •
Societe Generale is putting bank-issued stablecoins and tokenized collateral workflows on Canton, the privacy-enabled institutional blockchain network. The French bank’s regulated digital-assets subsidiary, SG-FORGE, announced on May 13 that it will join Canton as an Ecosystem Super Validator and deploy both USD and EUR versions of its CoinVertible stablecoin for institutional settlement in permitted jurisdictions.
The planned use cases are specific: tokenized collateral acceptance, on-chain repo financing with SG-FORGE acting as counterparty, and cash management across tokenized markets. This builds on the bank’s first U.S. tokenized bond issuance on Canton back in November 2025.
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SG-FORGE says it aims to be among the first banks developing collateral and financing solutions in tokenized form on Canton’s infrastructure.
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