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Deutsche Bank’s DWS, Galaxy, Flow Traders to Launch Germany’s First Regulated Euro Stablecoin
Deutsche Bank’s DWS, Galaxy, Flow Traders to Launch Germany’s First Regulated Euro Stablecoin
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BTCCSquare news:
Deutsche Bank’s asset management arm DWS, alongside Galaxy and FLOW Traders, has secured an e-money institution license from BaFin to issue AllUnity EURAU—Germany’s first regulated euro-denominated stablecoin. The token will be fully collateralized and MiCA-compliant, targeting institutional cross-border settlements and enterprise integrations.
The venture underscores Europe’s accelerating stablecoin adoption, joining rivals like Circle’s EURC and Société Générale’s EURCV. Regulatory approval positions AllUnity as a key player in bridging traditional finance with crypto markets.
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