๐ Deutsche Bank-backed EURAU stablecoin goes live! ๐ฉ๐ช๐ถ
AllUnity, backed by DWS, Flow Traders & Galaxy, launches EURAU, a MiCA-compliant euro stablecoin on Ethereum.
๐ Regulated by BaFin
๐ฑ Listed first on Bullish Europe
๐ Part of the 0.2% euro stablecoin market โ but growing fast (โ 60% since late 2024)
๐งฉ Why it matters:
US dollar stablecoins dominate ๐ต
EU is fighting back with regulated euro alternatives
๐ Partners include: BitGo, Metzler Bank, Fireblocks, DLT Finance & more.
Is this Europeโs answer to USDT/USDC?
Time will tell. โณ
#Stablecoins #EURAU #DeutscheBank k #MiCA #Euro #CryptoRegulation #Ethereum #Blockchain #GalaxyDigital #Europe #Cointelegraph