- ODDO BHF launches EUROD, a euro-backed stablecoin available on Bit2Me.
- EUROD adheres to EU MiCA regulations for security and compliance.
- Aims to provide euro-denominated alternatives to US dollar stablecoins.
French banking group ODDO BHF launched the euro-backed stablecoin EUROD on October 15, 2025, available on the Bit2Me exchange, marking its entry into the digital currency sector.
EUROD’s launch, compliant with EU MiCA regulations, signifies a major advancement in euro-denominated digital finance, influencing European crypto markets and broadening stablecoin options for users.
French banking group ODDO BHF officially launched its euro-backed stablecoin EUROD on October 15, 2025. The asset, available on the Bit2Me exchange, aims to cater to both institutional and retail users under EU MiCA regulations.
Guy de Leusse, Deputy COO of ODDO BHF, emphasized the importance of offering an alternative to US dollar-denominated stablecoins. “We felt it was essential to offer a European solution denominated in euros in order to provide an alternative to stablecoins denominated in US dollars. Our ambition is to become a leading issuer in the key currency that is the euro, and to build a broader range of high-performance and accessible digital financial services” – source.
EUROD’s introduction impacts euro trading pairs and euro-aligned DeFi protocols. The initiative underscores ODDO BHF’s commitment to integrating traditional banking with modern blockchain solutions.
Institutional and retail users gain access to a market risk-free solution. The stablecoin facilitates faster, transparent, and secure payments, enhancing euro liquidity in digital finance sectors.
The entry of banking institutions into digital currency markets highlights a shift. ODDO BHF’s stablecoin complies with significant EU regulations, paving the way for other banks to follow suit in developing stablecoins.
Historically, euro-backed stablecoins by regulated banks have boosted on-chain EUR liquidity. Analysts predict similar outcomes for EUROD, which could influence EUR-flavored DeFi protocols and euro-denominated trading activity.