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December 11, 2020
German Lender Bankhaus Introduces the First Euro Stablecoin Last Updated: 11 December 2020 Bankhaus von der Heydt (BVDH), one of the oldest lenders in Europe is pushing for a blockchain revolution. The bank recently introduced the first Euro stablecoin to the world. Collaboration with Bitbond The Euro stablecoin (EURB) comes via a partnership with German blockchain technology provider Bitbond. The crypto is available for trading. This is the first time a prominent lender has directly launched ...
December 10, 2020
You have successfully joined our subscriber list. One of the oldest banks in the world, Bankhaus von der Heydt, has issued a Euro stablecoin on the Stellar blockchain network. The Munich-based BVDH, one of the world’s oldest banks, is also one of the first banks to implement blockchain technology. The bank announced on 9 December that it had partnered with financial technology provider Bitbond for the first direct issuance of a stablecoin by a financial institution on the Stellar network and ...
December 10, 2020
Reading Time: 2 minutes by Dalmas Ngetich on December 10, 2020 Altcoins Bankhaus von der Heydt (BVDH), a 266-year-old German bank, is now issuing the first-of-the-kind Euro stablecoin on the Stellar blockchain in partnership with Bitbond, a A BVDH Euro Stablecoin on the Stellar Blockchain The exchange won’t be tradable at crypto exchanges since KYC is required. However, it stands to boost businesses seeking to work with legitimate banks complying with the government’s laid down rules...
December 10, 2020
The integration is proof that both Blockchain and traditional banking can work together. Stellar has supported the development and plans to offer improved services on the Stellar platform. According to a recent report, Germany’s Bankhaus Von Der Heydt (BVDH)is partnering with Bitbond, a digital asset custody provider, to issue Euro stablecoin (EURB) on the Stellar (XLM) network. With the launch, EURB has become the first stablecoin to be launched on Stellar directly by a bank. Are you looking...