DWS to launch Germany's first regulated Euro stablecoin

#DWS , part of Deutsche Bank, plans to launch Germany's first regulated euro #stablecoin by 2025. The initiative, led by the joint venture #AllUnity with partners #FlowTraders and #Galaxy aims to integrate digital currencies into traditional financial systems under BaFin oversight.

Stablecoins, like those pegged to the euro, aim for stable value despite uncertainty about their practical use. DWS expects initial interest from digital asset investors and potential adoption in continuous payments.