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DWS JV AllUnity to Launch Germany’s First Licensed Euro Stablecoin
DWS JV AllUnity to Launch Germany’s First Licensed Euro Stablecoin
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BTCCSquare news:
AllUnity, a joint venture between DWS, FLOW Traders, and Galaxy, has secured an E-Money Institution (EMI) license from Germany’s BaFin, paving the way for the country’s first regulated Euro stablecoin. The EURAU stablecoin, fully compliant with MiCAR, will be 100% collateralized with institutional-grade transparency.
The license marks a strategic leap for Europe’s digital payments infrastructure, enabling 24/7 cross-border settlements and integration for financial institutions. "This is foundational for building a compliant digital ecosystem," AllUnity stated, positioning EURAU as a benchmark for regulatory alignment in crypto.
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