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
- Gate Expands Global Compliance with US Licenses, Launches Crypto Trading Platform for Bitcoin and More2025-08-02 02:53:35
- Strategy’s Bitcoin Holdings Surpass 628,000 Coins Following $2.5 Billion Stock Offering, No Plans for 1.5 Million BTC2025-08-02 02:53:20
- Whale Alert: New Ethereum Address Accumulates Over 79,000 ETH Amid $22M Unrealized Loss2025-08-02 02:42:27
- Trump Promises Full Disclosure of Epstein Case Documents Amid Controversy2025-08-02 02:28:54
- New Ethereum Whale Accumulates Nearly $300 Million in ETH Amid Market Volatility and Uncertain Motives2025-08-02 02:28:35