AllUnity, a collaborative effort between DWS, Galaxy, and Flow Traders, has announced its intention to launch the euro stablecoin across various prominent public permissionless L1 and L2 blockchains. This includes both Layer 1 and Layer 2 solutions, enabling wider accessibility and adoption. Additionally, AllUnity aims to incorporate the euro stablecoin into decentralized finance (DeFi) applications, further expanding its potential use cases within the growing DeFi ecosystem. The joint venture’s decision to issue the stablecoin on multiple platforms and explore DeFi integration reflects a strategic approach to enhance liquidity and facilitate seamless transactions in the digital asset space.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinGerman asset manager DWS partners with Galaxy to launch euro stablecoin