The Weekly Peg: Making seigniorage great again
Academics warn stablecoins will shift seigniorage from governments to private firms, plus banks get the go-ahead to hold crypto to fund gas fees for token operations.
Industry news:
➡️ Deutsche Börse to integrate Société Générale’s EUR and USD stablecoins into settlement infrastructure”
Summary: Deutsche Börse Group announced it will bring the EUR- and USD-backed stablecoins from Société Générale — FORGE (SG-FORGE) into its Clearstream post-trade and settlement network. These tokens will be made available for custody, collateral management, and settlement workflows, marking the first time these regulated stablecoins are embedded in mainstream European infrastructure.
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