Franco-German bank ODDO BHF launches euro-backed stablecoin
As dollar-pegged tokens like Tether’s USDT and Circle’s USDC continue to dominate, the EUROD joins a growing wave of euro-backed stablecoins entering the market.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
As dollar-pegged tokens like Tether’s USDT and Circle’s USDC continue to dominate, the EUROD joins a growing wave of euro-backed stablecoins entering the market.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Kraken launches Fixed Rate Rewards, giving accredited US investors fixed APYs of up to 7% on cash and stablecoins
TL;DR Fixed Rate Rewards is a new addition to Kraken Earn that gives eligible US accredited investors a fixed APY of up to 7% on c...
Crypto News, July 29: Morgan Stanley Launches Ethereum and Solana ETPs, Paul Atkins Pushes Clarity Act, Bitcoin Price Bounces
The crypto market rarely stays still for long. This Wednesday, the Clarity Act, Morgan Stanley, Bitcoin, and Ethereum price are dr...
Tether’s $3.3B Gold Token Wins Shariah Approval, Opening Islamic Finance to XAU₮ Worldwide
Key Takeaways: XAU₮ has been officially certified as Sharia Compliant by Amanah Advisors, the gold backed token of Tether. Approva...
Emirates Launches Crypto.com Pay for UAE Customers Booking Flights on Its Site and App
Emirates began accepting Crypto.com Pay on Tuesday, adding the option at checkout on emirates.com and the Emirates App. Customers...
Circle Buys Nearly 1,000 Blockchain Patents From IBM, Becoming the Largest U.S. Holder
Circle (CRCL) has acquired close to 1,000 issued blockchain patents from IBM, a purchase the stablecoin issuer says makes it the b...
Morgan Stanley Launches Ethereum and Solana ETPs at 0.14%, the Lowest Fee in Both Categories
Morgan Stanley Investment Management began trading two spot digital asset products on NYSE Arca on Tuesday, the Morgan Stanley Eth...