According to CoinDesk, Société Générale announced that it has successfully completed a blockchain-based repurchase agreement with the Bank of France, marking the first such tokenized transaction with a central bank in the Eurozone. In a press release, the bank stated that its digital assets subsidiary, SG-Forge, used some bonds issued on the public Ethereum blockchain in 2020 as collateral in exchange for central bank digital currency (CBDC) issued by the Bank of France on its DL3S blockchain. With the EU's regulatory framework for stablecoin issuers (MiCA) now in place, SG-Forge has been actively exploring how to utilize its Euro stablecoin EUR CoinVertible (EURCV). However, this repurchase transaction did not involve that token. Société Générale stated: "This transaction demonstrates the technological feasibility of conducting interbank refinancing operations directly on the blockchain, and it also showcases the potential of central bank digital currencies to enhance the liquidity of digital financial securities."