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Bitbond & BvdH: Issue stablecoin | Fintech InShorts: Latest fintech news, analysis by experts

Less than 1 min.Read

Bitbond & BvdH: Issue stablecoin

By Laura M

December 11, 2020

Bitbond and BVDH have joined forces to issue a Euro (EUR) stablecoin (EURB) on the Stellar network
EURB stablecoin the first stable coin issued directly by a banking institution on Stellar and one of the first of its kind in the crypto market
BVDH, in operation since 1754 largely focused on serving institutional clients in securitization-related transactions
EURB leveraged by BVDH’s customers as well as third party developers of financial applications to settle digital asset transfers on-chain
BVDH can now take paying agent functionality in-house to accelerate the issuance of new securitizations
Developers of financial applications can leverage BVDH’s EURB to settle asset transfers on-chain with a fully regulated 1:1 backed EUR stablecoin

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