AllUnity's euro stablecoin EURAU expands to major DEXs

AllUnity, a joint venture by Deutsche Bank subsidiary DWS, crypto market maker Flow, and Galaxy, is expanding liquidity pools for its euro-pegged stablecoin EURAU to major decentralized exchanges (DEXs) like Uniswap and Raydium, Cointelegraph reported. AllUnity is an issuer compliant with Europe's Markets in Crypto-Assets (MiCA) regulation and holds an Electronic Money Institution (EMI) license from Germany's Federal Financial Supervisory Authority (BaFin). The company plans to establish trading pairs with major U.S. dollar stablecoins to enhance euro liquidity and increase accessibility for institutional investors.