Bitcoin News Update: With France Supporting Bitcoin, Deutsche Bank's EURAU Develops a Compliant Stablecoin Option for Europe
- Deutsche Bank's EURAU stablecoin now operates across six blockchains via Chainlink CCIP, enhancing cross-chain utility for institutional finance. - Euro-pegged EURAU, backed by €2.7T institutional assets, complies with EU MiCA regulations and serves as a CBDC alternative for B2B settlements. - Expansion contrasts France's Bitcoin support, positioning EURAU as a regulated multichain solution amid Europe's digital euro debates and tokenized asset growth.
Deutsche Bank’s EURAU stablecoin has broadened its presence to six prominent blockchains—Ethereum,
Announced in late October 2025, this expansion highlights the increasing convergence of traditional finance and blockchain. EURAU is entirely backed by euro reserves and meets the requirements of the EU’s Markets in Crypto-Assets Regulation (MiCA), having secured approval from Germany’s Federal Financial Supervisory Authority (BaFin) in July 2025. By connecting to several blockchains, EURAU seeks to minimize fragmentation in Europe’s digital finance sector while maintaining rigorous regulatory compliance. Chainlink’s CCIP acts as a secure bridge, enabling EURAU to move tokens and data between networks without sacrificing compliance or safety.
Industry observers point to the strategic significance of this initiative. Alexander Höptner, AllUnity’s CEO, noted that CCIP allows EURAU to “function smoothly across various blockchains,” making it more accessible for corporate users. In addition, Fernando Vazquez,
This expansion also reflects wider movements in the European fintech landscape. As the European Central Bank moves toward launching its digital euro by the end of the year, EURAU’s supportive approach to crypto stands in contrast to France’s recent choice to reject the digital euro in favor of
Looking forward, AllUnity intends to connect EURAU with the Canton Network, a blockchain designed for institutional finance, further strengthening its position in the tokenization of real-world assets. With its cross-chain features and MiCA alignment, EURAU is set to speed up Europe’s shift toward a digital financial environment where traditional and blockchain systems operate side by side.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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