Deutsche Bank-backed EURAU stablecoin launch: Key things to know

Key Points

1. EURAU is a new euro stablecoin backed by Deutsche Bank’s DWS, Flow Traders, and Galaxy, and is regulated by the German Federal Financial Supervisory Authority (BaFin).

2. Bullish Europe, a BaFin-regulated exchange, will be the first to list EURAU for trading, though it has yet to receive a MiCA license.

3. Euro-denominated stablecoins account for just 0.2% of the $272.9 billion global stablecoin market, with a total capitalization estimated between $484 million and $587 million.

4. The market capitalization of euro stablecoins has surged by nearly 60% since December 2024, rising from $367 million.

5. EURAU’s launch involves key ecosystem partners, including Bankhaus von der Heydt, Tradevest Group, DLT Finance, Fireblocks, V-Bank, 21X, Hacken, Softstack, and OAK Security.