Societe Generale has executed a blockchain-based buyback agreement with Banque de France! 🚀

- SG-Forge has purchased central bank digital currency (CBDC) issued on Banque de France’s DL3S blockchain using bonds issued in 2020 as collateral on the Ethereum blockchain.

- SG-Forge, which is compliant with the European Union’s MiCA regulations, is exploring new avenues for its euro stablecoin EUR CoinVertible (EURCV).

- Banque de France is testing the feasibility of wholesale CBDCs to improve cross-border payments.

Share your thoughts on these developments in the comments! 💬