Deutsche Bank and DWS-backed EURAU stablecoin goes multichain with Chainlink
Summary
AllUnity’s euro-pegged, MiCA-compliant stablecoin, EURAU, which is a joint venture between Deutsche Bank and asset manager DWS, is expanding its reach across multiple blockchains by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This integration will connect EURAU to Ethereum, Arbitrum, Base, Optimism, Polygon, and Solana, with plans to extend to the Canton Network. AllUnity CEO Alexander Höptner stated that CCIP will enable seamless operation across these chains, while Chainlink Labs noted this sets the groundwork for Europe’s next phase of tokenized finance. EURAU is designed for enterprise uses like B2B payments and onchain settlement, is fully reserve-backed, and received its MiCA compliance license from German regulators in July.
(Source:Cointelegraph)