Regulatory Landscape - SEC focuses on building a strong framework for crypto, digital assets, and tokenization to attract innovators back to the US [1] Ecosystem & Development - Ethereum leads in attracting new developers, with over 16,000 unique developers joining in 2025 [1] Stablecoin Initiatives - Paxos minted and burnt 300 trillion PYUSD (PayPal's stablecoin) in a single transaction within 20 minutes [1] - Sony Bank's subsidiary Connectia Trust applied for a U.S crypto banking charter to issue dollar-pegged stablecoins [2] - French banking giant ODDO BHF launches a euro-backed stablecoin called EUROD [2] Institutional Crypto Adoption - OKX expands its partnership with Standard Chartered into Europe, enabling institutional clients to trade and custody digital assets [2] - Ripple partners with Absa Bank to offer institutional crypto custody, its first major deal in Africa [2] - CMB International launches its 38 亿美元 ($3.8B) Money Market Fund on BNB Chain [2] Market Activity - Nvidia and BlackRock are teaming up on a 400 亿美元 ($40B) acquisition of a major global data center firm [2] - President Trump confirms the US is in an active trade war with China [1]

Group 1: Core Insights - ODDO BHF has launched EUROD, a euro-backed stablecoin, marking a significant step for traditional banks into regulated blockchain finance [1][2] - The token will be listed on Bit2Me, a Madrid-based exchange, which is authorized under the EU's MiCA regulation, allowing it to operate across the EU [2][3] - EUROD is issued on the Polygon network, ensuring faster and cheaper transactions, and is fully backed by euro reserves with external audits [3] Group 2: Regulatory Framework - The MiCA regulation requires stablecoin issuers to maintain one-to-one reserves and guarantees for redemption, promoting governance and transparency [4] - The rollout of EUROD will serve as a test for the effectiveness of MiCA in harmonizing digital asset oversight across the EU [4] Group 3: Market Context - Euro-pegged stablecoins have seen a doubling in market cap this year, with Circle's EURC leading at approximately $270 million [6] - Despite warnings from ECB officials about the risks of foreign stablecoins, the clarity provided by MiCA is fostering competition among European banks to issue compliant stablecoins [7][8]

Stablecoin Launch - ODDO BHF, a French banking giant, has launched its first euro-backed stablecoin [1] - The stablecoin, EUROD, is exclusively on Polygon [1] - EUROD is issued in compliance with the European MiCA [1] Regulatory Compliance & Listing - EUROD is compliant with European MiCA regulations [1] - EUROD is listed on Bit2me [1] Technology & Efficiency - Institutions are choosing Polygon for onchain efficiency [1]

🇫🇷 BIG: French banking giant ODDO BHF launches a euro-backed stablecoin called EUROD. https://t.co/eqzz7aK3Y4 ...

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Core Viewpoint - French banking giant ODDOBHF has launched a euro-backed stablecoin named EUROD, marking its entry into the cryptocurrency sector [1] Group 1: Company Overview - ODDOBHF manages assets exceeding €150 billion (approximately $173 billion) [1] - The stablecoin EUROD will be available on the Madrid-based cryptocurrency platform Bit2Me, which is supported by major institutions including telecom giant Telefonica and banking giants Unicaja and BBVA [1] Group 2: Regulatory Compliance and Market Position - EUROD complies with the European Union's MiCA regulatory requirements, targeting both retail and institutional users [1] - Bit2Me's CEO Leif Ferreira stated that the launch of ODDOBHF's euro stablecoin is a significant step towards providing trusted regulated digital assets on the platform [1]

Cryptocurrency Sector Entry - ODDO BHF 推出欧元支持的稳定币 EUROD，正式进入加密货币领域 [1] - EUROD 将在 Bit2Me 首次亮相，该平台由 Telefonica、Unicaja 和 BBVA 等机构支持 [1] Assets Under Management - 该银行管理超过 1500 亿欧元（约 1730 亿美元）的资产 [1]