Berlin, July 4, 2025

AllUnity Receives E-Money License from BaFin for EURAU Stablecoin

A collaborative venture between asset manager DWS and German banking giant Deutsche Bank, AllUnity has secured a pivotal license from the German Federal Financial Supervisory Authority (BaFin). The approval allows the firm to issue a regulated, euro-pegged stablecoin named EURAU.

Operationalizing EURAU

AllUnity, joint venture DWS/Deutsche Bank

### MiCA Alignment
€ ≠ significant driver in Europe, attracting institutional capital following Circle’s launch.