French Banking Giant ODDO BHF Launches Euro-Backed Stablecoin $EUROD on Polygon

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A major step in Europe’s digital finance evolution, ODDO BHF, one of France’s oldest banking institutions, has officially entered the stablecoin race. The 175-year-old banking group has launched its first euro-backed stablecoin, $EUROD, exclusively on Polygon, aiming to bring institutional-grade trust and compliance to the blockchain ecosystem. A Euro Stablecoin for the On-Chain Economy In a market long dominated by USD-backed stablecoins, ODDO BHF’s move brings long-awaited diversity and institutional credibility. The newly launched $EUROD is a euro-denominated stablecoin designed to facilitate on-chain payments, settlements, and treasury operations within the European financial ecosystem. For decades, ODDO BHF has been a

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