{"id":89932,"date":"2025-10-15T17:16:00","date_gmt":"2025-10-15T14:16:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89932"},"modified":"2025-10-15T17:20:44","modified_gmt":"2025-10-15T14:20:44","slug":"french-bank-oddo-bhf-to-launch-euro-backed-stablecoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/french-bank-oddo-bhf-to-launch-euro-backed-stablecoin\/","title":{"rendered":"French Bank ODDO BHF to Launch Euro-Backed Stablecoin"},"content":{"rendered":"<p>Founded 175 years ago, the French bank ODDO BHF has announced the launch of the <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">EUROD stablecoin<\/a>, pegged to the euro, on the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-polygon-matic\">Polygon<\/a> network.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Discover <a href=\"https:\/\/twitter.com\/search?q=%24EUROD&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$EUROD<\/a>, a new step in ODDO BHF\u2019s digital asset journey \u2b07\ufe0f<\/p>\n<p>In a market dominated by USD-backed stablecoins, ODDO BHF is launching <a href=\"https:\/\/twitter.com\/search?q=%24EUROD&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$EUROD<\/a>, a euro-denominated stablecoin designed to bring institutional trust to the crypto ecosystem for on-chain settlements and payments.\u2026 <a href=\"https:\/\/t.co\/XDExwMNr57\">pic.twitter.com\/XDExwMNr57<\/a><\/p>\n<p>\u2014 EUROD (@EUR_OD) <a href=\"https:\/\/twitter.com\/EUR_OD\/status\/1978453342931022179?ref_src=twsrc%5Etfw\">October 15, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The stablecoin will be listed on the Spanish crypto platform Bit2Me, supported by telecom giant Telefonica and financial institutions Unicaja and BBVA. The initial offering will consist of 5.1 million coins.\u00a0<\/p>\n<p>EUROD is positioned as a low-volatility digital version of the euro, compliant with <a href=\"https:\/\/forklog.com\/en\/news\/what-is-markets-in-crypto-assets-mica\">MiCA<\/a> regulations. The asset is intended for both retail and institutional users.\u00a0<\/p>\n<p>Bit2Me CEO Leif Ferreira described the release of the stablecoin as a bridge between traditional finance and the crypto industry. Previously, the platform raised \u20ac30 million in investments with participation from Tether, the company behind <a href=\"https:\/\/forklog.com\/en\/news\/what-is-tether-usdt\">USDT<\/a>, to expand in the EU market.\u00a0<\/p>\n<p>At the end of September, nine banks <a href=\"https:\/\/forklog.com\/en\/news\/nine-european-banks-collaborate-to-launch-euro-stablecoin\">formed<\/a> a consortium to issue a euro-backed stablecoin. The aim is to offer an alternative to the dominant US fiat-pegged coins in the market.<\/p>\n<p>In June, the crypto asset division of Societe Generale, SG-FORGE, <a href=\"https:\/\/forklog.com\/en\/news\/societe-generales-subsidiary-launches-mica-compliant-stablecoin\">announced<\/a> the launch of EURCV.\u00a0<\/p>\n<p>As of writing, the market capitalization of the stablecoin sector is estimated at $306 billion. USDT remains the dominant player, holding a 59% share.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"358\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-cc1ede784637be84-6930270712109656-1024x358.png\" alt=\"image\" class=\"wp-image-267615\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-cc1ede784637be84-6930270712109656-1024x358.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-cc1ede784637be84-6930270712109656-300x105.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-cc1ede784637be84-6930270712109656-768x268.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-cc1ede784637be84-6930270712109656-1536x536.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-cc1ede784637be84-6930270712109656.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/defillama.com\/stablecoins\">DeFi Llama<\/a>.\u00a0<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Taiwanese Stablecoin Project Lists on Nasdaq<\/h2>\n<p>Taiwan-based stablecoin company OwlTing has <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/10\/14\/3166331\/0\/en\/OBOOK-Holdings-Inc-Secures-Direct-Listing-on-Nasdaq-Stock-Exchange.html\">secured<\/a> approval for a direct listing on the Nasdaq exchange. Trading of the firm&#8217;s shares under the ticker OWLS will commence on October 16.\u00a0<\/p>\n<p>In 2023, OwlTing launched the OwlPay platform, enabling companies to use stablecoins for transactions with international suppliers.\u00a0<\/p>\n<p>The company&#8217;s CFO, Winnie Lin, emphasized that OwlTing plans to continue investing in new technologies, expanding its international presence, and enhancing compliance with local regulations.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWe focus on providing secure and cost-effective stablecoin-based payment solutions that create long-term value for shareholders worldwide,\u201d she added.<\/em><\/p>\n<\/blockquote>\n<p>Researchers at Bernstein <a href=\"https:\/\/forklog.com\/en\/news\/bernstein-predicts-usdc-market-cap-to-triple\">forecast<\/a> a threefold increase in the market capitalization of Circle&#8217;s <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a>. According to their estimates, by the end of 2027, the asset&#8217;s market share in the stablecoin sector will rise to 33%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded 175 years ago, the French bank ODDO BHF has announced the launch of the EUROD stablecoin, pegged to the euro, on the Polygon network.<\/p>\n","protected":false},"author":1,"featured_media":89933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"ODDO BHF to launch EUROD stablecoin on Polygon, bridging traditional finance and crypto.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1229,733,807],"class_list":["post-89932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-europe","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"145","promo_type":"1","layout_type":"1","short_excerpt":"ODDO BHF to launch EUROD stablecoin on Polygon, bridging traditional finance and crypto.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89932"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89932\/revisions"}],"predecessor-version":[{"id":89934,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89932\/revisions\/89934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89933"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}