French Banking Giant ODDO BHF Launches Euro-Backed Stablecoin

The post French Banking Giant ODDO BHF Launches Euro-Backed Stablecoin appeared first on Coinpedia Fintech News

French banking group ODDO BHF has entered crypto with EUROD, a euro-pegged stablecoin designed for regulated use. Managing over €150 billion in assets, the bank aims to bring compliant, low-volatility digital euros to both retail and institutional users. EUROD will first list on Madrid-based exchange Bit2Me, which counts backing from Telefonica, Unicaja, and BBVA. The launch broadens Europe’s stablecoin choices and connects traditional banking with blockchain-based payments, trading, and settlement under the EU’s evolving regulatory framework.