Paris-based financial group Oddo is working on a stablecoin

According to reports, Oddo BHF SCA is developing a euro-denominated stablecoin. The financial group, headquartered in Paris, anticipates that the token will be released next year, although it is subject to regulatory approval. The initiative will bring the company into an increasingly crowded market. Stablecoins’ low volatility has made them a popular choice among crypto […] source: https://www.cryptopolitan.com/paris-oddo-is-working-on-a-euro-stablecoin/