Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
EUROD: ODDO BHF Launches New Euro-Backed Stablecoin

EUROD: ODDO BHF Launches New Euro-Backed Stablecoin

CoinomediaCoinomedia2025/10/15 14:09
By:Ava NakamuraAva Nakamura

French bank ODDO BHF introduces EUROD, a new euro-backed stablecoin aimed at modernizing financial transactions.EUROD Stablecoin: Bridging the GapTraditional Banking Meets Blockchain

  • ODDO BHF launches the EUROD stablecoin backed by euros.
  • EUROD aims to simplify digital payments and asset transfers.
  • It marks a major step in merging traditional finance with blockchain.

In a significant move blending traditional banking with blockchain innovation, French financial powerhouse ODDO BHF has launched a euro-backed stablecoin named EUROD. This digital asset is fully backed by actual euros, offering a stable and secure method for transferring value across digital platforms.

ODDO BHF is among the first traditional banks in France to take such a bold step into the stablecoin space. By issuing EUROD, the bank aims to provide a regulated, transparent, and compliant alternative for euro-denominated transactions on the blockchain.

EUROD Stablecoin: Bridging the Gap

The EUROD stablecoin is designed to maintain a 1:1 peg with the euro, providing users with confidence in its value. This type of stablecoin plays a crucial role in reducing volatility—a key concern in the crypto space. It allows individuals and institutions to carry out fast, low-cost cross-border payments and asset transfers without worrying about the fluctuating prices of cryptocurrencies like Bitcoin or Ethereum .

ODDO BHF plans to integrate EUROD into various financial services and infrastructure, including decentralized finance ( DeFi ) platforms and payment networks. This move could make digital euro transactions more accessible and trustworthy for both individuals and businesses.

🇫🇷 BIG: French banking giant ODDO BHF launches a euro-backed stablecoin called EUROD. pic.twitter.com/eqzz7aK3Y4

— Cointelegraph (@Cointelegraph) October 15, 2025

Traditional Banking Meets Blockchain

The launch of EUROD signals a growing trend of traditional financial institutions embracing blockchain technology. Unlike unregulated stablecoins, EUROD benefits from the credibility and oversight of a respected banking institution. It also highlights the bank’s intent to stay ahead in the evolving digital financial ecosystem.

As central banks continue exploring Central Bank Digital Currencies (CBDCs), private stablecoins like EUROD may act as a transitional bridge. They can serve current demands while regulators and policymakers shape the future of digital money in Europe.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.

华尔街见闻•2026/11/11 21:18
Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.

华尔街见闻•2026/11/11 21:18
No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?

The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.

华尔街见闻•2026/11/11 21:18
Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?