Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
🇪🇺 DEUTSCHE BANK, FLOW TRADERS & GALAXY LAUNCH FIRST MiCA-COMPLIANT EURO STABLECOIN IN EU EURAU GOES LIVE WITH FULL REGULATORY APPROVAL UNDER MiCA FRAMEWORK
AllUnity has launched! @AllUnityStable's euro stablecoin, EURAU, is built on secure tokenization and custody infrastructure provided by @GK8_Security, a @galaxyhq company. An exciting step for bridging TradFi and crypto in Europe. https://t.co/4yGNXOdhIy
NEW: 🇪🇺 AllUnity launches EURAU, Germany’s first MiCAR-compliant, 100% reserved euro stablecoin on the #Ethereum blockchain, backed by European banks for 24/7 cross-border payments. 💸 https://t.co/0x9YVVn1ur
AllUnity has introduced EURAU, billed as Germany’s first euro-denominated stablecoin that complies fully with the EU’s Markets in Crypto-Assets Regulation. The token is 100% reserve-backed and is designed to support round-the-clock, cross-border payments on the Ethereum blockchain. The project is supported by Deutsche Bank’s asset-management arm DWS Group, trading firm Flow Traders and crypto-focused financial services company Galaxy Digital. Germany’s financial regulator BaFin has approved the issuance, making EURAU one of the first stablecoins to operate under the bloc’s new regulatory framework.
