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