Euro stablecoin launched on Stellar by one of Europe's oldest banks

Cointelegraph

Published Dec 09, 2020 11:50PM ET

Updated Dec 10, 2020 01:40AM ET

Germany’s Bankhaus von der Heydt, or BVDH, has launched a Euro stablecoin on the Stellar network.

The bank claims the token is the first of its kind to be issued by a banking institute.The EURB stablecoin, which went live today, was developed on the Stellar blockchain in partnership with tokenization and digital asset custody technology provider Bitbond.

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