Societe Generale-FORGE and Swift successfully completed a pilot demonstrating end-to-end settlement of tokenized bonds using MiCA-compliant stablecoins EUR CoinVertible and USD CoinVertible. The trial integrated traditional financial infrastructure with blockchain by leveraging Swift's interoperability and ISO 20022 standards to enable hybrid settlements in fiat and digital currencies. This initiative advances digital asset adoption in regulated capital markets by showcasing faster settlement cycles, reduced operational risk, and enhanced transparency.