Deutsche Bank-Backed Venture Unveils Regulated Euro Stablecoin Under MiCA
A new euro-pegged stablecoin is preparing to enter the European financial system, backed by a heavyweight alliance of traditional finance and digital asset firms.
AllUnity, a joint venture created by Deutsche Bank’s asset manager DWS, crypto firm Galaxy, and market maker Flow Traders, has secured a key regulatory milestone with an e-money license from Germany’s BaFin.
The project, named EURAU, is designed to meet the rigorous compliance standards set by the EU’s MiCA framework, offering a fully collateralized euro-denominated stablecoin for institutional use. According to AllUnity, EURAU will be supported by transparent reserves and regular reporting, aiming to bridge the divide between traditional finance, corporate treasuries, and the digital asset economy.
With EURAU, AllUnity is targeting seamless cross-border transactions across Europe and beyond, catering to both fintech platforms and established financial institutions. The stablecoin is expected to be compatible with enterprise systems and decentralized finance protocols alike, offering a versatile and compliant solution for the evolving digital payments landscape.
EURAU joins a growing roster of MiCA-compliant euro and dollar stablecoins such as Circle’s EURC, Société Générale’s EURCV and USDCV, and Robinhood-backed Global Dollar (USDG). These developments mark a significant step forward in the regulation and mainstream integration of stable digital currencies across the EU.
By blending regulatory clarity with technological adaptability, AllUnity hopes to position EURAU as a cornerstone for Europe’s next-generation financial infrastructure.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
