Deutsche Börse to Integrate AllUnity Stablecoin
Posted by Colin Lambert. Last updated: November 27, 2025
One week after signing an agreement to adopt SG Forge’s CoinVertible stablecoin, Deutsche Börse says it has signed a Memorandum of Understanding with AllUnity, a joint venture between DWS, Flow Traders, and Galaxy, to integrate AllUnity’s regulated euro-backed stablecoin offering into Deutsche Börse’s infrastructure.
As part of the MoU, EURAU, AllUnity’s euro-backed stablecoin, will be made available for custody through Clearstream, leveraging the German entity of Crypto Finance, also part of Deutsche Börse Group, as sub-custodian. Deutsche Börse says this approach ensures a fully regulated, secure framework for market participants to leverage the fully-reserved, MiCAR-compliant euro stablecoin solution.
Future steps of the cooperation will include the integration of the euro stablecoin across the entire service portfolio of Deutsche Börse Group, the parties say, adding that the initial move, “represents a tangible step toward digitising European markets and enhancing settlement and liquidity processes”.
A similar plan was revealed last week in the SG-Forge agreement, and Deutsche Börse is continuing to push stablecoin usage, something noted by Stephanie Eckermann, member of the executive board of Deutsche Börse Group, responsible for post-trading, who says, “Our goal is to build a seamless bridge between the established financial world and the future of digital assets. This partnership with AllUnity is an important component of that bridge. By further embedding institution-grade stablecoins within our regulated framework, we empower our clients to confidently explore new possibilities in digital finance, backed by the security and market integrity they have come to expect from us.”
Alexander Höptner, CEO of AllUnity, adds, “Europe is taking a global lead in regulated digital finance. By partnering with Deutsche Börse Group, we are making on-chain cross border payments and digital assets accessible to institutional market participants in a secure and compliant way.”

