Deutsche Börse locks in third euro stablecoin amid broader EU adoption
Deutsche Börse is integrating AllUnity’s EURAU stablecoin into its market infrastructure — its third euro-pegged stablecoin — signaling a full-spectrum push.
Market infrastructure provider Deutsche Börse plans to integrate the EURAU euro-pegged stablecoin issued by AllUnity, expanding the exchange group’s digital-asset strategy following earlier ties with Circle’s Euro Coin (EURC) and Societe Generale-Forge’s EUR CoinVertible (EURCV).
According to a Wednesday announcement shared with Cointelegraph, Deutsche Börse plans to integrate EURAU into its financial market infrastructure, starting with institutional custody through its central securities depository arm, Clearstream. The announcement also promised a future “integration of the euro stablecoin across the entire service portfolio.”
This would integrate the stablecoin into a sizable and growing market. According to World Federation of Exchanges data, Deutsche Börse’s domestic equity market capitalization is about $2.23 trillion with 474 listed companies.