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ODDO BHF Launches MiCA-Aligned Euro Stablecoin EUROD for Listing on Bit2Me

Spain's Bit2Me, backed by Telefónica alongside major lenders, is set to list the euro‑pegged token from the 175‑year‑old French bank.

Overview

  • ODDO BHF says EUROD is a compliant, low‑volatility digital euro designed to meet EU MiCA requirements for both retail and institutional users.
  • Bit2Me plans to add EUROD as part of a push to offer trusted regulated assets, according to CEO Leif Ferreira.
  • The banking group manages more than €150 billion in assets, marking a notable entry by a long‑established institution into euro‑denominated stablecoins.
  • Bit2Me counts backing from Telefónica, Unicaja and BBVA, and secured a €30 million investment round led by Tether earlier this year.
  • The launch follows a broader shift toward euro‑backed tokens, with initiatives from SG‑FORGE and a coalition of nine European banks in a market still led by dollar‑pegged stablecoins.