EURAU Stablecoin Expands to Six Blockchains via Chainlink CCIP
EURAU Stablecoin, backed by Deutsche Bank and DWS, has expanded its regulated euro stablecoin to six major blockchains—Ethereum, Arbitrum, Base, Optimism, Polygon and Solana—by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The fully reserved, MiCA-licensed token, approved by Germany’s BaFin in July, uses Chainlink CCIP to enable secure, compliant cross-chain transfers and on-chain settlements. Supported by €1.01 trn in assets under management at DWS and $1.647 trn in Deutsche Bank assets, EURAU Stablecoin targets institutional B2B payments, treasury management and tokenized finance. Plans also include permissioned networks like the Canton Network to further streamline multi-chain liquidity and corporate settlement workflows.
Neutral
As a fully reserved, MiCA-regulated euro stablecoin pegged 1:1 to the euro, EURAU Stablecoin’s price remains stable by design. Its multi-chain expansion via Chainlink CCIP enhances liquidity and accessibility, likely boosting transaction volumes among institutional users. Short-term price movements remain neutral due to the peg, while improved cross-chain interoperability and growing institutional adoption may support broader market activity and confidence over the long term.