- 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
