EURAU Euro Stablecoin Launched with Support from DWS Group and Other Institutions
According to a report by Jinse Finance citing Bloomberg, AllUnity, a company jointly 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 the euro stablecoin EURAU. This stablecoin is issued on the Ethereum blockchain, fully backed by reserves held at multiple European banks, and complies with the EU’s crypto asset regulatory framework. A certain exchange will serve as its initial listing platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: "Insider Whale" Increases Short Position by 18,000 ETH, Unrealized Profit Reaches $6.41 Million
RootData: Rhea Finance token (RHEA) up 38% in 24 hours
Data: "Insider Whale" Reopens Short Positions on XRP and SOL, Total Position Value Exceeds $221 Million
