EURAU Stablecoin Launch Highlights Potential Growth Amid Euro Stablecoins’ Market Share Challenges
Main Idea
AllUnity's EURAU, a new euro-denominated stablecoin regulated by BaFin and MiCA, aims to expand the euro stablecoin market, which has grown 60% since late 2024 but still represents only 0.2% of the global stablecoin capitalization.
Key Points
1. EURAU is an ERC-20 token on Ethereum, with plans to expand to other blockchains in 2025.
2. Supported by Deutsche Bank’s DWS, Flow Traders, and Galaxy, EURAU complies with BaFin and MiCA regulations.
3. Bullish Europe is the first platform to list EURAU, with integration involving BitGo, Metzler Bank, and Fireblocks.
4. Euro stablecoins currently represent 0.2% of the $272.9 billion global stablecoin market, with a recent 60% growth since December 2024.
5. European Central Bank adviser Jürgen Schaaf highlights the need for global regulatory coordination to boost euro stablecoin adoption.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! AllUnity’s EURAU is
Latest News
- Andreessen Horowitz Suggests Revising Ethereum Regulation to Address Loopholes in Draft Crypto Legislation2025-08-01 12:14:36
- Chainlink Launches State Pricing to Enhance Accuracy for Long-Tail Crypto Assets on DEXs2025-08-01 12:13:56
- MetaPlanet Holdings’ $3.7 Billion Bitcoin Acquisition Signals Growing Corporate Interest in Digital Assets2025-08-01 12:11:17
- Spot ETH ETFs See Record July Inflows, Indicating Growing Institutional Interest in Ethereum2025-08-01 12:10:40
- Bitcoin Faces Potential Pressure Amid Tariff Hikes and Reduced Fed Rate Cut Expectations2025-08-01 11:56:09