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Franco-German bank ODDO BHF launches euro-backed stablecoin

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TL;DR

ODDO BHF, a Franco-German bank, has launched EUROD, a euro-backed stablecoin, amidst the dominance of dollar-pegged tokens like USDT and USDC. EUROD adds to the increasing number of euro-backed stablecoins in the market.

Summary

ODDO BHF, a Franco-German bank, has launched EUROD, a euro-backed stablecoin, amidst the dominance of dollar-pegged tokens like USDT and USDC. EUROD adds to the increasing number of euro-backed stablecoins in the market.

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Full article content is available on the original source.

By Cointelegraph by Nate Kostar

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