EURAU Stablecoin Debuts as Germany’s First MiCA-Compliant Euro Token
Deutsche Bank’s DWS, FLOW Traders, and Galaxy Digital have launched EURAU, Germany’s first regulated euro-denominated stablecoin, after securing an EMI license from BaFin. The token adheres to MiCA standards, offering full collateralization and institutional-grade transparency.
The joint venture, branded as AllUnity, positions EURAU as a 24/7 cross-border settlement solution for financial institutions and fintechs. Proof-of-reserves and regulatory reporting aim to set a new benchmark for compliant digital currencies in Europe.