French banking institution ODDO BHF has announced the launch of EUROD, a euro-denominated stablecoin that aims to connect traditional financial systems with blockchain-based settlements and payments. The initiative represents the bank’s formal entry into the digital asset space and underscores its intent to leverage blockchain technology for more efficient and transparent financial operations.
The EUROD stablecoin stands out as one of the first digital currencies issued by a regulated European bank. It has been structured to combine the dependability and compliance of conventional banking with the transparency and operational agility of blockchain infrastructure. ODDO BHF has indicated that EUROD will enable continuous transferability and liquidity in euros while adhering to institutional-grade governance standards, ensuring security and regulatory compliance in all transactions.
A Regulated Approach to Blockchain Finance
The management of EUROD falls under ODDO BHF Asset Management, which supervises over €140 billion in assets worldwide. The company emphasized that the stablecoin aligns fully with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework, which enforces strict standards for risk management, transparency, and reporting. By ensuring MiCA compliance, ODDO BHF seeks to deliver a regulated digital asset that can be trusted by both institutional and retail investors.
EUROD has been deployed on the Polygon blockchain, a network recognized for its scalability and low-cost transactions. This technical choice allows users to conduct instant euro-based transactions securely and efficiently. The stablecoin will also be listed on Bit2Me, a Spanish crypto exchange platform, to facilitate accessibility and liquidity.
To strengthen operational reliability, ODDO BHF has collaborated with Fireblocks, a well-established digital asset custody and security provider, and Flowdesk, a market-making firm responsible for supporting EUROD’s issuance and market liquidity. These partnerships highlight the group’s commitment to building a compliant and technologically robust foundation for its blockchain initiatives.
ODDO BHF, the 175 year-old French banking giant, has officially launched its first euro-backed stablecoin, exclusively on Polygon.
EUROD is issued in compliance with the European MiCA, with listing on Bit2me.
For onchain efficiency, institutions choose Polygon. pic.twitter.com/S9V47np7VL
— Polygon (@0xPolygon) October 15, 2025
Expanding Euro Access in the Digital Economy
The launch of EUROD is designed to serve both institutional and retail users, allowing seamless euro transactions on-chain without depending on dollar-backed stablecoins, which currently dominate the global crypto market. ODDO BHF views EUROD as a way to promote greater euro liquidity within decentralized ecosystems and enhance Europe’s financial autonomy in the digital asset domain.
By offering real-time euro transfers and maintaining compliance with banking and digital asset regulations, EUROD aims to provide a trusted settlement mechanism for businesses, investors, and payment processors seeking faster and more transparent transaction methods. The stablecoin could play a pivotal role in expanding blockchain use cases in areas such as cross-border payments, treasury management, and decentralized finance (DeFi).
Legacy Meets Innovation
With a 170-year heritage in European banking, ODDO BHF brings deep-rooted financial expertise to its blockchain venture. Headquartered in Paris, with major offices in Frankfurt and Geneva, the group operates across private banking, asset management, and corporate investment services. The company’s ownership structure—65% family-owned and 25% employee-owned—reflects its long-standing stability and independence in the European financial landscape.
By launching EUROD, ODDO BHF signals its intention to merge traditional banking integrity with emerging digital finance infrastructure. The initiative positions the group among the few regulated European banks to issue a blockchain-based stablecoin, reinforcing its commitment to innovation while maintaining compliance with evolving European regulations.
The introduction of EUROD not only enhances the visibility of euro-backed digital assets but also positions ODDO BHF as a key player in shaping the future of blockchain-integrated finance. The move illustrates how established financial institutions are beginning to adopt tokenization as a strategic bridge between legacy banking systems and the decentralized economy.
