EURAU Stablecoin Debuts: Deutsche Bank, Galaxy Launch Europe’s First MiCA-Regulated Euro Token
2025-07-02 19:11:51
Main Idea
Deutsche Bank, DWS, Flow Traders, and Galaxy Digital have launched EURAU, Germany's first regulated euro-denominated stablecoin, compliant with MiCA regulations, to facilitate cross-border transactions and enhance financial efficiency.
Key Points
1. EURAU is Germany's first regulated euro-denominated stablecoin, launched by a joint venture between Deutsche Bank's DWS, Flow Traders, and Galaxy Digital.
2. The stablecoin received regulatory approval through an EMI license from BaFin and complies with the European MiCA framework.
3. EURAU is designed for 24/7 instant cross-border transactions, targeting institutions, fintech companies, and enterprise clients in Europe and internationally.
4. Deutsche Bank is expanding its digital asset services, including plans to launch a cryptocurrency custody service in 2026 in collaboration with Bitpanda.
5. The launch reflects broader trends of traditional financial institutions entering the digital asset space, with EURAU positioned as a gateway to Europe's financial system.
Description
EURAU stablecoin has become Germany’s first regulated euro-denominated digital currency after a joint venture between Deutsche Bank’s asset management arm DWS, Flow Traders, and Galaxy Digital obtained regulatory approval through an electronic money institution (EMI) license granted by the Federal Financial Supervisory Authority (BaFin) on July 1, 2025. The AllUnity stablecoin will adhere to the European Markets in Crypto Assets (MiCA) regulatory framework and maintain full collateralization, pr...
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