If you’ve been following how traditional finance is slowly m
Kininacho
Updated at: 3 hours ago
{"content":"If you’ve been following how traditional finance is slowly merging with blockchain, this one’s pretty exciting. Polygon, often called the “internet of blockchains,” just got another big validation — and this time, from a 175-year-old French banking giant, ODDO BHF. Yep, the same institution that’s been around since before light bulbs were even a thing. They’ve officially launched their first euro-backed stablecoin , called "EUROD" , and it’s built right on "Polygon Network "
Now, for anyone not super deep into crypto — think of a stablecoin as digital money that’s tied to a real-world currency, in this case, the euro. So 1 EUROD equals 1 euro, simple as that. What’s cool here is that a traditional bank like ODDO BHF is stepping directly into Web3 instead of just watching from the sidelines. It’s like a bridge between the old financial world and the new decentralized one.
Polygon, known for its low fees and high scalability, makes perfect sense for this move. Imagine sending money from Paris to Lisbon in seconds without paying ridiculous transfer fees — that’s the kind of real-world use case EUROD can unlock. For European businesses and even individuals, this could mean smoother cross-border payments, better liquidity, and maybe even a fresh wave of euro-based DeFi projects.
What’s really happening here is trust meeting technology. A 175-year-old bank and one of the fastest-growing blockchain networks joining forces — it’s not just about launching another token; it’s about showing that finance is truly evolving, one stablecoin at a time.
@0xPolygon #Polygon $POL
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