French banking group ODDO BHF has launched EUROD, a euro-backed stablecoin. The token acts as a compliant digital version of the euro under the EU’s new MiCA regime. The 175-year-old lender’s move shows how traditional banks are expanding into regulated blockchain-based finance. French Bank Enters the Digital Asset Market ODDO BHF, which manages more than €150 billion in assets, said the token will list on Madrid-based exchange Bit2Me, backed by Telefónica, BBVA, and Unicaja
source: https://beincrypto.com/oddo-bhf-eurod-stablecoin/