Deutsche Börse introduces a third euro stablecoin, expanding its euro stablecoin layout.

GateNews

BlockBeats reported that on November 26, Deutsche Börse will integrate the euro stablecoin EURAU issued by AllUnity, further expanding its digital asset strategy. The two parties have signed a memorandum of understanding (MoU), but the launch date for the new feature has not been announced. Previously, Deutsche Börse had collaborated with Circle's Euro Coin (EURC) and Societe Generale-Forge's EUR CoinVertible (EURCV) from the on-chain department of Société Générale. According to the announcement on November 26, Deutsche Börse plans to incorporate EURAU into its financial market infrastructure, initially by providing custody services for institutional clients through its central securities depository Clearstream. The announcement also revealed plans to promote “integrating the euro stablecoin into the entire service product portfolio” in the future. This will bring the stablecoin into a large and expanding market. According to data from the World Federation of Exchanges (WFE), Deutsche Börse's domestic equity market capitalization is approximately $2.23 trillion, with 474 listed companies.

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