French banking group ODDO BHF has launched EUROD, a euro-backed stablecoin that is compliant under the EU's Markets in Crypto-Assets (MiCA) regulatory framework, representing a digitized version of the euro. This move signifies the 175-year-old traditional bank's expansion into the regulated blockchain finance sector. Stablecoin Structure and Launch Details EUROD was launched by ODDO BHF in collaboration with infrastructure provider Fireblocks. Issued on the Polygon network to enable fast and...

French banking group ODDO BHF has launched EUROD, a euro-backed stablecoin that is compliant under the EU's Markets in Crypto-Assets (MiCA) regulatory framework, representing a digitized version of the euro. This move signifies the 175-year-old traditional bank's expansion into the regulated blockchain finance sector. Stablecoin Structure and Launch Details EUROD was launched by ODDO BHF in collaboration with infrastructure provider Fireblocks. Issued on the Polygon network to enable fast and...