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Deutsche Börse to Integrate AllUnity’s EURAU Euro Stablecoin into Market Infrastructure

Deutsche Börse will integrate AllUnity’s EURAU, following its previous support for EURC and EURCV, with initial institutional custody via Clearstream and expansion planned across its full service network.

Summary

Deutsche Börse announced it will integrate AllUnity’s EURAU euro stablecoin into its financial market infrastructure, aligning with the EU’s Markets in Crypto-Assets (MiCA) regulation. This follows the firm’s earlier support for EURC and EURCV. Initially, EURAU will be offered via Clearstream for institutional-grade custody, with plans to extend availability across Deutsche Börse’s full service network in the future.

Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value by being pegged to a reserve asset, such as a fiat currency.
  • Custody: A financial service where a third party securely holds and manages assets on behalf of clients, often regulated for safety and compliance.
  • EURAU: A euro-denominated stablecoin issued by AllUnity, intended for use in digital transactions while maintaining value stability.