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The issuance of the Euro stablecoin EURAU, supported by institutions such as DWS Group.
[EURAU Stablecoin Launched with Support from DWS Group and Other Institutions] According to Bloomberg, AllUnity, a company supported by DWS Group under Deutsche Bank, Dutch market maker Flow Traders, and financial services provider Galaxy Digital, announced the launch of the euro stablecoin EURAU on July 31. This stablecoin is issued on the Ethereum blockchain and is fully backed by reserves from multiple European banks, in compliance with the EU's regulatory framework for crypto assets. Bullish exchange will serve as its initial listing platform.