Search results for EURAU
Crypto
Deutsche Bank launches digital asset custody service
Deutsche Bank has launched a digital asset custody service and signed an agreement with DWS to develop tokenised financial products, The Block reported. The bank previously announced plans to offer custody of bitcoin, ether, USDC, EURC and EURAU to corporate and institutional clients in Europe. Clients can deposit the assets and transfer them elsewhere, while Deutsche Bank manages wallets and private keys. The initiative builds on work with Taurus since 2023.
Crypto
AllUnity launches dollar-pegged USDAU stablecoin
European stablecoin issuer AllUnity has launched USDAU, a stablecoin pegged to the U.S. dollar. The launch expands its lineup of fiat-backed stablecoins regulated under the EU\'s Markets in Crypto-Assets (MiCA) rules to four. USDAU is designed to maintain a 1-to-1 value with the dollar and will initially support networks including Ethereum and Solana. Its CEO said Europe’s concern is oversight and enforceable redemption rights, not the dollar itself.
Crypto
AllUnity launches Swedish krona stablecoin SEKAU
AllUnity has launched SEKAU, a Swedish krona-pegged stablecoin issued as an e-money token under the European Union’s MiCA crypto regulatory framework, Cointelegraph reported on June 19. The token is backed by segregated Swedish krona reserves and is pegged 1:1 to those reserves, the company said. SEKAU targets inter-institution payments and cross-border remittances and is launching across five blockchain networks.
