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- 🎃 Halloween is here! Four GDOGs line up! 👻
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Deutsche Bank and DWS Propel EURAU Stablecoin Multichain Expansion with Chainlink - Crypto Economy
AllUnity announced today the expansion of its euro-pegged stablecoin EURAU across multiple blockchains through Chainlink’s Cross-Chain Interoperability Protocol (CCIP), according to an official statement. The initiative, backed by Deutsche Bank and asset manager DWS, aims to enhance EURAU’s accessibility within Europe’s regulated digital finance ecosystem.
The move will enable EURAU to operate on Ethereum, Arbitrum, Base, Optimism, Polygon and Solana, with plans to integrate the institutional-focused Canton Network. AllUnity stated that the multichain rollout seeks to facilitate cross-border payments, on-chain treasury operations and settlement for enterprises under the EU’s MiCA regulatory framework. Market observers note that the entry of major financial institutions into tokenized euro liquidity may accelerate Europe’s on-chain finance adoption, particularly for B2B and fintech integrations.
AllUnity said further updates on banking rails and institutional pilots will be shared in the coming weeks as the deployment phases progress.
Source:*
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.