French banking giant ODDO BHFstepped into the cryptocurrency market by launching its stablecoin called EUROD, which is indexed to the Euro. According to CoinDesk, EUROD is based in Madrid. Bit2Me It will be listed on the platform and is positioned as a low-volatility targeted payment instrument for both individual and corporate use. The project was designed in compliance with the European Union’s MiCA framework. On the Bit2Me side, the support of institutions such as Telefónica, Unicaja and BBVA strengthens the emphasis on trust with the banking-based issuer. ODDO BHF’s 175 years of history and over 150 billion euros in asset management offer a new bridge between traditional finance and Blockchain infrastructure.
Coin Stands Out With Its Structure Fully Compatible with MiCA
EUROD The coin is defined as a compatible digital version of the Euro under MiCA. The target audience will be users who want to make regular transactions in payment and transfer usage scenarios. Bit2Meis positioning the listing as a bridge role as a player with scale in Spanish-speaking markets. Company CEO Leif FerreiraWhile emphasizing its mission to expand the set of regulated and trusted assets, he stated that a banking-backed Euro peg would accelerate the platform’s institutional expansion.
Bit2Me, during the year Tether It attracted attention with the 30 million Euro investment tour completed under his leadership. Combined with ODDO BHF’s banking status and Bit2Me’s market reach, the Euro-pegged digital payment layer aims to capture institutional demand in treasury, commercial payments and cross-border transfers, as well as individual users. In the global landscape where dollar pegs dominate, the entry of European issuers increases currency diversity.
Euro-Indexed Stablecoin Competition in Europe
European market supported by banking with Société Générale-FORGE’s EURCV issuance EuroFamiliar with stablecoins indexed to . As of September, the MiCA-compatible Euro-linked stablecoin initiative of nine banks, including ING, Banca Sella, Danske Bank, DekaBank and CaixaBank, was announced. ODDO BHF’s EUROD is positioned in the same league with its narrative of banking supervision and regular reserves. The point of differentiation is that the exchange listing emphasizes access from day one.
stablecoinAlthough the currencies are still dominated by dollar-denominated coins, Euro-denominated options for payments and corporate cash management are expected to increase. The inherent advantage of Euro-denominated settlement for intra-European swaps, combined with regulatory clarity, could accelerate adoption. The launch of EUROD on Bit2Me stands out as an attempt to align regulatory compliance with market liquidity.
