[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"blog-categories-en":3,"wp-translations":54,"fetchPost-crypto-news\u002Fgermany-launches-eurau-en-1":58},[4,14,22,30,38,46],{"id":5,"graphqlId":6,"name":7,"slug":8,"image":9,"uri":10,"count":11,"children":12,"locale":13},57,"dGVybTo1Nw==","Convert Guide","convert-guide",null,"\u002Fcategory\u002Fconvert-guide\u002F",27,[],"EN",{"id":15,"graphqlId":16,"name":17,"slug":18,"image":9,"uri":19,"count":20,"children":21,"locale":13},1,"dGVybTox","Crypto News","crypto-news","\u002Fcategory\u002Fcrypto-news\u002F",87,[],{"id":23,"graphqlId":24,"name":25,"slug":26,"image":9,"uri":27,"count":28,"children":29,"locale":13},61,"dGVybTo2MQ==","Price Prediction","price-prediction","\u002Fcategory\u002Fprice-prediction\u002F",32,[],{"id":31,"graphqlId":32,"name":33,"slug":34,"image":9,"uri":35,"count":36,"children":37,"locale":13},53,"dGVybTo1Mw==","Quick History Lesson","quick-history-lesson","\u002Fcategory\u002Fquick-history-lesson\u002F",37,[],{"id":39,"graphqlId":40,"name":41,"slug":42,"image":9,"uri":43,"count":44,"children":45,"locale":13},69,"dGVybTo2OQ==","Top 5","top-5","\u002Fcategory\u002Ftop-5\u002F",7,[],{"id":47,"graphqlId":48,"name":49,"slug":50,"image":9,"uri":51,"count":52,"children":53,"locale":13},212,"dGVybToyMTI=","Trading Guide","trading-guide","\u002Fcategory\u002Ftrading-guide\u002F",16,[],{"post":55,"docs":57},[13,56],"RU",[13,56],{"type":59,"post":60},"post",{"id":61,"title":62,"slug":63,"uri":64,"date":65,"excerpt":66,"content":67,"postId":68,"language":69,"translations":73,"categories":80,"featuredImage":84,"seo":89},"cG9zdDoxMzAz","Germany Launches New Regulated Euro Stablecoin EURAU","germany-launches-eurau","\u002Fcrypto-news\u002Fgermany-launches-eurau\u002F","2025-07-31T14:09:18","\u003Cp>Germany now has a fully regulated euro stablecoin. AllUnity, a joint venture backed by DWS (Deutsche Bank’s asset manager), Galaxy and Flow Traders, has launched EURAU, described as the country’s first MiCA-compliant euro token issued under a BaFin e-money institution (EMI) license. The ERC-20 asset is designed for banks, fintechs and corporates that need instant, … \u003Ca class=\"link-more\" href=\"https:\u002F\u002Fbitsz.io\u002Fcrypto-news\u002Fgermany-launches-eurau\u002F\"> Читать далее\u003C\u002Fa>\u003C\u002Fp>\n","\u003Cp>\u003Cspan style=\"font-weight: 400;\">Germany now has a fully regulated euro stablecoin. \u003C\u002Fspan>\u003Cb>AllUnity\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, a joint venture backed by \u003C\u002Fspan>\u003Cb>DWS\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> (Deutsche Bank’s asset manager), \u003C\u002Fspan>\u003Cb>Galaxy\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> and \u003C\u002Fspan>\u003Cb>Flow Traders\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, has launched \u003C\u002Fspan>\u003Cb>EURAU\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, described as the country’s first \u003C\u002Fspan>\u003Cb>MiCA-compliant\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> euro token issued under a \u003C\u002Fspan>\u003Cb>BaFin e-money institution (EMI) license\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">. The ERC-20 asset is designed for banks, fintechs and corporates that need instant, regulated euro settlement on-chain. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">CoinDesk, which first reported the launch, said EURAU will debut with \u003C\u002Fspan>\u003Cb>BTC\u002FEURAU\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> and \u003C\u002Fspan>\u003Cb>USDC\u002FEURAU\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> trading pairs on \u003C\u002Fspan>\u003Cb>Bullish Europe\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, where \u003C\u002Fspan>\u003Cb>Flow Traders\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> will provide liquidity as market maker. (Bullish owns CoinDesk.) The issuer positions EURAU as Germany’s \u003C\u002Fspan>\u003Cb>first euro stablecoin licensed by BaFin\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> and issued in full compliance with the EU’s \u003C\u002Fspan>\u003Cb>Markets in Crypto-Assets Regulation (MiCAR)\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>How EURAU is structured — license, chain, reserves\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">AllUnity’s regulatory footing comes via an \u003C\u002Fspan>\u003Cb>EMI authorization from BaFin\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, the license category MiCA ties to euro-denominated stablecoins. Industry outlets tracking the approval through July emphasized the \u003C\u002Fspan>\u003Cb>MiCA-aligned\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> route and the firm’s positioning for institutional adoption. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Technically, \u003C\u002Fspan>\u003Cb>EURAU runs on Ethereum as an ERC-20 token\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, with the issuer saying reserves are \u003C\u002Fspan>\u003Cb>100% cash-equivalent\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> and held across \u003C\u002Fspan>\u003Cb>European banks\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, alongside routine \u003C\u002Fspan>\u003Cb>proof-of-reserves\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> disclosures for transparency. CoinDesk’s report also name-checks \u003C\u002Fspan>\u003Cb>BitGo\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> and \u003C\u002Fspan>\u003Cb>Fireblocks\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> as infrastructure partners supporting custody and operational security. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">In the last two weeks, AllUnity announced specific reserve and custody relationships: \u003C\u002Fspan>\u003Cb>Bankhaus Metzler\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> (Germany’s oldest private bank) as a \u003C\u002Fspan>\u003Cb>designated Reserve Bank\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> for collateral and \u003C\u002Fspan>\u003Cb>BitGo\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> for institutional-grade wallet and custody infrastructure—moves meant to reassure regulated treasuries. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>Trading launch and liquidity plans\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">At launch, \u003C\u002Fspan>\u003Cb>Bullish Europe\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">—a BaFin-regulated exchange—lists EURAU against \u003C\u002Fspan>\u003Cb>BTC\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> and \u003C\u002Fspan>\u003Cb>USDC\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, with \u003C\u002Fspan>\u003Cb>Flow Traders acting\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> as the initial \u003C\u002Fspan>\u003Cb>liquidity provider\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">. The listing is part of a broader push to seed price discovery and integrate the token into exchange, custody and payment workflows that institutions already use. Bullish has posted a dedicated EURAU asset page as markets prepare to open trading. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>Who’s behind AllUnity—and why this matters for Europe\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">AllUnity was formed by \u003C\u002Fspan>\u003Cb>DWS\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, \u003C\u002Fspan>\u003Cb>Galaxy\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> and \u003C\u002Fspan>\u003Cb>Flow Traders\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> to build a euro stablecoin with bank-grade governance from day one. The venture secured its \u003C\u002Fspan>\u003Cb>BaFin EMI license in early July\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, clearing the final regulatory hurdle before going live. Trade publications and enterprise-blockchain trackers framed the authorization as a milestone for \u003C\u002Fspan>\u003Cb>MiCA-era\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> euro tokens.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">Bloomberg reporting adds that the company is already \u003C\u002Fspan>\u003Cb>in talks with roughly 30 corporations\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> about potential EURAU use, underscoring the issuer’s B2B focus as it courts treasury, settlement and payments teams across the bloc. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>Intended use cases: B2B payments, treasury, on-chain settlement\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">On its public site, AllUnity pitches EURAU for \u003C\u002Fspan>\u003Cb>24\u002F7 B2B payments and remittances\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, \u003C\u002Fspan>\u003Cb>corporate treasury management\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> (payroll, vendor payments, liquidity sweeps) and \u003C\u002Fspan>\u003Cb>on-chain settlement\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> for exchanges and tokenized-assets platforms. The message: regulated euros that can move instantly like crypto, yet sit inside a \u003C\u002Fspan>\u003Cb>bank-custodied, MiCA-supervised\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> perimeter. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>Context: MiCA goes live and the euro stablecoin race heats up\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cspan style=\"font-weight: 400;\">EURAU arrives into a European market reshaped by \u003C\u002Fspan>\u003Cb>MiCA\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, which sets strict rules for e-money tokens, reserve quality, disclosure and redemption. Earlier this month, coverage noted BaFin’s EMI license for AllUnity as part of a wave of \u003C\u002Fspan>\u003Cb>MiCA-conforming\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> issuers vying to become the \u003C\u002Fspan>\u003Cb>default euro rail\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> for fintechs and institutions. Analysts expect banks and corporates to prefer tokens with \u003C\u002Fspan>\u003Cb>clear licensing (EMI), bank-held reserves and frequent audits\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>What’s different about EURAU—and what to watch next\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cb>Regulated from launch.\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> EURAU’s EMI license and MiCA alignment place it within Europe’s most stringent stablecoin framework, which may lower onboarding friction for banks and listed corporates versus offshore or unlicensed euro tokens. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cb>Bank-custodied reserves.\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> Partnerships such as \u003C\u002Fspan>\u003Cb>Metzler Bank\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> (reserve bank) could make EURAU easier to adopt for risk committees that prefer familiar counterparties and segregation of funds at supervised institutions. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cb>Exchange integration on day one.\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> Opening pairs on \u003C\u002Fspan>\u003Cb>Bullish Europe\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> with \u003C\u002Fspan>\u003Cb>Flow Traders\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> as market maker provides immediate price discovery and secondary-market liquidity—critical for corporate treasury usage and settlement flows. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cb>Enterprise pipeline.\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> Bloomberg’s reporting that AllUnity is \u003C\u002Fspan>\u003Cb>speaking with 30 companies\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> is a useful demand check; watch for pilot announcements in B2B payouts, marketplace settlement or tokenized-securities platforms during H2. \u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch2>\u003Cb>Open questions and risks\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cul>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cb>Scale and redemption.\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> MiCA mandates tight \u003C\u002Fspan>\u003Cb>reserve, redemption and disclosure\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> rules. The market will scrutinize \u003C\u002Fspan>\u003Cb>proof-of-reserves cadence\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, audit scope and how quickly EURAU can be redeemed for euros at par during stress. \u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cb>Competition.\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> EURAU joins a growing field of \u003C\u002Fspan>\u003Cb>euro stablecoins\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> moving to MiCA compliance. Share will likely be shaped by bank partnerships, exchange liquidity, and integrations into ERP and payment processors. (Industry trackers have flagged multiple MiCA-aligned launches through July.) \u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli style=\"font-weight: 400;\" aria-level=\"1\">\u003Cb>Adoption beyond crypto.\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> The strategic prize is \u003C\u002Fspan>\u003Cb>enterprise payments\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">—recurring AP\u002FAR, market settlement, even machine-to-machine micropayments. AllUnity’s ability to convert today’s pipeline into live volumes will determine whether EURAU becomes a \u003C\u002Fspan>\u003Cb>default euro rail\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> or remains niche. \u003C\u002Fspan>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Ch2>\u003Cb>The bottom line\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>\u003Cb>EURAU\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> is Germany’s first \u003C\u002Fspan>\u003Cb>BaFin-licensed, MiCA-compliant euro stablecoin\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">, issued by \u003C\u002Fspan>\u003Cb>AllUnity\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> on Ethereum and launching with exchange liquidity and bank-held reserves. It arrives at the exact moment Europe’s new rulebook takes effect—setting a test case for whether \u003C\u002Fspan>\u003Cb>regulated euro tokens\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\"> can move from crypto-native trading into the \u003C\u002Fspan>\u003Cb>enterprise payment stack\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">. If the issuer delivers on transparency and bank partnerships, EURAU could become a bellwether for how euro stablecoins scale under \u003C\u002Fspan>\u003Cb>MiCA\u003C\u002Fb>\u003Cspan style=\"font-weight: 400;\">.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Ch3>\u003Cb>Follow us:\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>\u003Ca class=\"invalid-url\" href=\"http:\u002F\u002Fbitsz.io\" data-validation-message=\"Invalid URL path\">\u003Cspan style=\"font-weight: 400;\">Bitsz.io\u003C\u002Fspan>\u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fx.com\u002Fbitz_io\">\u003Cspan style=\"font-weight: 400;\">Twitter\u002FX\u003C\u002Fspan>\u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"http:\u002F\u002Ft.me\u002Fblitsz_io\">\u003Cspan style=\"font-weight: 400;\">Telegram\u003C\u002Fspan>\u003C\u002Fa>\u003C\u002Fp>\n",1303,{"code":13,"locale":70,"name":71,"slug":72},"en_US","English","en",[74],{"language":75,"slug":63,"status":79},{"code":56,"locale":76,"name":77,"slug":78},"ru_RU","Русский","ru","publish",{"edges":81},[82],{"node":83},{"name":17,"slug":18,"uri":19},{"node":85},{"sourceUrl":86,"altText":87,"title":88},"https:\u002F\u002Fbitsz.io\u002Fwp-content\u002Fuploads\u002F2025\u002F07\u002Fyellow-and-black-simple-modern-cryptocurrency-presentation-2025-07-31t160302.652.png","","Yellow and Black Simple Modern Cryptocurrency Presentation – 2025-07-31T160302.652",{"canonical":90,"metaDesc":91,"readingTime":92,"opengraphTitle":62,"opengraphUrl":90,"opengraphImage":93,"twitterImage":9,"opengraphDescription":91,"twitterDescription":87,"title":62,"twitterTitle":87,"opengraphType":95,"opengraphPublishedTime":96,"opengraphModifiedTime":97,"breadcrumbs":98},"https:\u002F\u002Fbitsz.io\u002Fcrypto-news\u002Fgermany-launches-eurau\u002F","AllUnity—a DWS, Galaxy and Flow Traders venture—has launched EURAU, a MiCA-compliant, BaFin-licensed euro stablecoin on Ethereum.",4,{"sourceUrl":94,"altText":87},"https:\u002F\u002Fbitsz.io\u002Fwp-content\u002Fuploads\u002F2025\u002F07\u002Fyellow-and-black-simple-modern-cryptocurrency-presentation-2025-07-31t160302.652-300x169.png","article","2025-07-31T13:09:18+00:00","2025-07-31T13:11:14+00:00",[99,101,103],{"text":100,"relativeUrl":87},"Home",{"text":17,"relativeUrl":102},"\u002Fcrypto-news",{"text":62,"relativeUrl":104},"\u002Fcrypto-news\u002Fgermany-launches-eurau"]