๐Ÿš€ Deutsche Bank-backed EURAU stablecoin goes live! ๐Ÿ‡ฉ๐Ÿ‡ช๐Ÿ’ถ

AllUnity, backed by DWS, Flow Traders & Galaxy, launches EURAU, a MiCA-compliant euro stablecoin on Ethereum.

๐Ÿ”’ Regulated by BaFin

๐Ÿ’ฑ Listed first on Bullish Europe

๐Ÿ“Š Part of the 0.2% euro stablecoin market โ€” but growing fast (โ†‘ 60% since late 2024)

๐Ÿงฉ Why it matters:

US dollar stablecoins dominate ๐Ÿ’ต

EU is fighting back with regulated euro alternatives

๐Ÿ“ Partners include: BitGo, Metzler Bank, Fireblocks, DLT Finance & more.

Is this Europeโ€™s answer to USDT/USDC?

Time will tell. โณ

#Stablecoins #EURAU #DeutscheBank k #MiCA #Euro #CryptoRegulation #Ethereum #Blockchain #GalaxyDigital #Europe #Cointelegraph