ODDO BHF Launches EUROD Stablecoin: Traditional Bank Embraces Crypto

France’s oldest banking group, ODDO BHF, is breaking into the crypto realm with its launch of a new euro-backed stablecoin called EUROD. This bold move signifies how Europe’s financial sector is shifting towards incorporating blockchain technology in everyday finance. 175-year-old ODDO BHF, known for private wealth and investment banking, is embracing this change by introducing EUROD as a way to bridge traditional finance with the digital world. The stablecoin will be listed on Bit2Me, a Madrid-based crypto exchange that’s become prominent in the Spanish-speaking market. Backed by major institutions like Telefónica and banking groups like Unicaja and BBVA, Bit2Me has solidified itself as a trusted bridge between banks and the cryptocurrency space.