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HomeCrypto NewsDeutsche Bank-Backed EURAU Stablecoin Expands Multichain Reach via Chainlink Integration

Deutsche Bank-Backed EURAU Stablecoin Expands Multichain Reach via Chainlink Integration

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AllUnity’s EURAU, a euro-pegged stablecoin fully compliant with the Markets in Crypto-Assets (MiCA) regulation and backed by Deutsche Bank and asset manager DWS, is extending its interoperability across multiple blockchain networks. The expansion leverages Chainlink’s Cross-Chain Interoperability Protocol (CCIP), enabling seamless transfers of EURAU between diverse distributed ledger ecosystems while maintaining regulatory alignment and transactional efficiency.

This strategic multichain deployment positions EURAU to serve broader decentralized finance (DeFi) applications and institutional use cases, providing users with enhanced accessibility across different blockchain environments. The integration with Chainlink’s proven infrastructure ensures secure cross-chain transactions while preserving the stablecoin’s 1:1 euro peg and regulatory compliance framework.

Industry analysts note that this development represents significant progress in bridging traditional finance with blockchain technology, particularly given the involvement of established financial institutions. The move could potentially accelerate institutional adoption of digital assets within the European regulatory perimeter while expanding liquidity options across decentralized networks.

The EURAU stablecoin’s multichain capability through Chainlink’s protocol marks an important milestone in creating interconnected digital asset ecosystems that meet rigorous compliance standards while providing the flexibility demanded by modern financial applications.

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