{"id":211744,"date":"2023-12-13T13:13:22","date_gmt":"2023-12-13T07:43:22","guid":{"rendered":"https:\/\/dripp.zone\/news\/deutsche-bank-others-to-issue-euro-based-stablecoin-crypto-news\/"},"modified":"2023-12-13T13:13:25","modified_gmt":"2023-12-13T07:43:25","slug":"deutsche-bank-others-to-issue-euro-based-stablecoin-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/deutsche-bank-others-to-issue-euro-based-stablecoin-crypto-news\/","title":{"rendered":"Deutsche Bank, Others To Issue Euro-based Stablecoin &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>In what could be furthering the market share of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/stable-coins\/\">stablecoins<\/a> in the crypto ecosystem, Deutsche Bank, along with other partners, is reportedly launching a euro-based stablecoin.<\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/here-why-bitcoin-and-crypto-market-falling-today\"><strong>Here\u2019s Why Bitcoin (BTC) And Crypto Market Falling Today<\/strong><\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2>Deutsche Bank\u2019s Euro Stablecoin<\/h2>\n<p>According to a Bloomberg report, Deutsche Bank\u2019s DWS Group, Netherlands based market maker Flow Traders, and crypto fund manager Galaxy Digital Holdings are in plans to launch a company to issue an euro-denominated stablecoin. The initiative is aimed at driving mainstream adoption of tokenized assets, the report <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-12-13\/dws-flow-traders-and-galaxy-are-forming-a-firm-to-issue-an-euro-stablecoin\">said<\/a>. The new company by the name \u2018AllUnity\u2019 is set to be operated from Frankfurt, Germany while efforts to gain regulatory approval are underway.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Currently, the stablecoin market is dominated by Tether USDt (USDT) with a total market cap of $90.65 billion and Circle\u2019s (USDC) market cap of $24 billion.<\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/cz-binance-say-us-sec-claims-on-doj-settlement-irrelevant\/\"><strong>CZ, Binance Say US SEC Claims On DOJ Settlement \u2018Irrelevant\u2019<\/strong><\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/deutsche-bank-others-to-issue-euro-based-stablecoin\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/deutsche-bank-others-to-issue-euro-based-stablecoin\/\"><br \/>\n  <noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA169064\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1,200 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or twitter.com\/BitcoinReddy or linkedin.com\/in\/anveshreddybtc\/                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD169064\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/understanding-bitcoin-halving-7-key-insights\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20640%20853'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"64f05b9c4a0b940001556288_Bitcoin halving countdown 2024_1600x900\" decoding=\"async\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-64f05b9c4a0b940001556288_Bitcoin-halving-countdown-2024_1600x900.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-64f05b9c4a0b940001556288_Bitcoin-halving-countdown-2024_1600x900-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-64f05b9c4a0b940001556288_Bitcoin-halving-countdown-2024_1600x900-150x200.jpg 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-64f05b9c4a0b940001556288_Bitcoin-halving-countdown-2024_1600x900.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-64f05b9c4a0b940001556288_Bitcoin-halving-countdown-2024_1600x900.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"64f05b9c4a0b940001556288_Bitcoin halving countdown 2024_1600x900\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-64f05b9c4a0b940001556288_Bitcoin-halving-countdown-2024_1600x900.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-64f05b9c4a0b940001556288_Bitcoin-halving-countdown-2024_1600x900-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-64f05b9c4a0b940001556288_Bitcoin-halving-countdown-2024_1600x900-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Understanding Bitcoin Halving: 7 Key Insights <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        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       \n\n<div class=\"Educontent\">Google Updates Crypto Ads Policy for January ETFs <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/elon-musks-ai-chatbot-chooses-dogecoin-as-supreme-meme-coin\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20640%20853'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"STK171_L_Allen_Musk_03\" decoding=\"async\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-STK171_L_Allen_Musk_03.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-STK171_L_Allen_Musk_03-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-STK171_L_Allen_Musk_03-150x200.jpg 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-STK171_L_Allen_Musk_03.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-STK171_L_Allen_Musk_03.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"STK171_L_Allen_Musk_03\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-STK171_L_Allen_Musk_03.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-STK171_L_Allen_Musk_03-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-STK171_L_Allen_Musk_03-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Elon Musk\u2019s AI Chatbot Chooses Dogecoin as \u201cSupreme Meme Coin\u201d <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In what could be furthering the market share of stablecoins in the crypto ecosystem, Deutsche Bank, along with other partners, is reportedly launching a euro-based stablecoin. Also Read: Here\u2019s Why Bitcoin (BTC) And Crypto Market Falling Today Deutsche Bank\u2019s Euro Stablecoin According to a Bloomberg report, Deutsche Bank\u2019s DWS Group, Netherlands based market maker Flow [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":211745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-211744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/211744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=211744"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/211744\/revisions"}],"predecessor-version":[{"id":211746,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/211744\/revisions\/211746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/211745"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=211744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=211744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=211744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}