The issuance of the euro stablecoin EURAU, supported by institutions such as DWS Group
2025-07-31 10:24:26
According to Bloomberg, AllUnity, a company backed by Deutsche Bank's DWS Group, Dutch market maker Flow Traders, and financial services provider Galaxy Digital, announced on July 31 the launch of EURAU, a euro stablecoin. The stablecoin is issued on the Ethereum blockchain and is fully collateralized by the reserves of several European banks, in line with the European Union's crypto asset regulatory framework. The Bullish exchange will serve as its initial listing platform.
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