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Euro stablecoin EURAU is launched, supported by DWS Group and other institutions

 according to Bloomberg, the company AllUnity, supported by DWS Group under Deutsche Bank, Dutch market maker Flow Traders, and financial service provider Galaxy Digital, announced on July 31 the launch of the Euro stablecoin EURAU. The stablecoin is issued on the Ethereum blockchain, fully collateralized by reserves from multiple European banks, and complies with the EU's cryptocurrency regulatory framework. Bullish Exchange will serve as its initial listing platform.

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