ODDO BHF Launches EUROD, Euro-Backed Stablecoin
ODDO BHF introduces EUROD, a euro-backed stablecoin, complying with EU MiCA regulations.
- 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.
More From Crypto News
BlackRock Files With SEC for Buffered Bitcoin ETF
The filing marks a proposal stage, not an approval or product launch. The SEC must review and act on the submission before any fund becomes available to investo...
NGRAVE: Third-Party Service Compromise Triggered LIQUID Phishing Alerts
NGRAVE said the phishing alerts reaching LIQUID app users were made possible by a breach of an external notification service the company relied on, per reportin...
FINMA Approves Switzerland’s First Retail Bitcoin-Holding ETF
Switzerland’s financial regulator, FINMA, has approved the country’s first exchange-traded fund structured to hold Bitcoin directly on behalf of retail investor...
Switzerland Approves First Spot Bitcoin ETF for Retail Investors
Unlike institutional-grade products restricted to professional or qualified investors, the reported approval covers a spot Bitcoin ETF that retail participants...
Switzerland Approves Its First Bitcoin ETF: What It Means
Switzerland has approved its first Bitcoin exchange-traded fund, marking a significant step for regulated crypto access in one of Europe’s most established fina...
Small XRP Transfers on Binance Reach Highest Share Since October 2024
The metric in focus is the share of transfers, meaning smaller transactions now account for a disproportionately larger slice of all XRP transfers recorded on B...
