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Deutsche Börse and AllUnity Unite to Advance Euro Stablecoins in Europe

Highlights:

  • Deutsche Börse and AllUnity have partnered to integrate the EURAU stablecoin into the financial infrastructure.
  • EURAU will be available for institutional custody through Clearstream.
  • The partnership aligns with MiCA and facilitates the digital transactions of the euro within Europe.

Deutsche Börse Group and AllUnity have collaborated to boost the digital finance scene in Europe. The two companies plan to roll out a regulated euro-backed stablecoin, called EURAU, into the traditional financial system. Their agreement forms the base of a broader change toward secure and compliant blockchain transactions.

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Within this new partnership, EURAU will be an element of the custody services of Deutsche Börse Group. Through Clearstream, institutions will be able to hold the stablecoin, with sub-custody carried out by Crypto Finance, another arm of the group. The setup provides institutions with a reliable means to tap the stablecoin through the infrastructure they already depend on.

Deutsche Börse and AllUnity are tapping into the potential of digital finance in Europe with regulation at the heart of their strategy. EURAU falls under the Markets in Crypto-Assets (MiCA) model, and it becomes simpler to have institutional actors embrace the digital euro in a definite legal framework.

Strategic Expansion into Stablecoins

Deutsche Börse is not a stranger to working with stablecoins. It recently joined EURAU following collaboration with Circle in EURC and Societe Generale-Forge in EURCV. With the integration of EURAU, the group has three euro-pegged tokens. This demonstrates its plan to embrace all key euro stablecoin offerings.

The developments make the company a leader in the regulated digital finance in the region. AllUnity CEO Alexander Höptner noted that

“Europe is leading with regulated digital finance. With the EURAU partnership, blockchain payments will be available to institutional players in a secure and compliant manner.”

Moreover, Deutsche Börse is linking these initiatives with the current digital asset platforms. Crypto custody and settlement are already provided by Crypto Finance and Clearstream. EURAU now becomes a member of that same ecosystem.

The addition of EURAU is aimed at enhancing liquidity and speed in settlement systems. Regulated digital tokens make it easier to transfer and settle cross-border money between institutions. Through this move, Deutsche Börse strengthens its control over the evolving financial infrastructure.

Bridging Traditional and Digital Markets

Dr. Stephanie Eckermann, the Executive Board Member of Deutsche Börse, emphasized the importance of this integration.

She said:

“The partnership with AllUnity is a significant construct. We provide our clients with new opportunities in digital services backed by security and market integrity.”

Moreover, the joint venture fits perfectly with the recent digital experimentation by the Group. Deutsche Börse took part in the trials of the use of central bank digital currencies (CBDCs). This portrayed its readiness to embrace digital tools board-wise. The home market of Deutsche Börse also offers the ground for this digital move. It has more than $2.3 trillion in equity market capitalization and almost 500 listed companies, which serve as a good adoption of tokens.

Additionally, Europe is striding well in the digital regulation and adoption. Now that frameworks, such as MiCA, are fully in place, the utilization of stablecoins is bound to rise. Deutsche Börse and AllUnity are putting in efforts to make sure that regulated digital assets remain central to that development.

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