DWS，流交易員和歐元穩定的激增：一個新時代？

探索像Eurau這樣的歐元穩定者的興起，在DWS和Flow Traders的支持下，以及挑戰美元在加密貨幣世界中統治地位的潛力。

The crypto landscape is buzzing with activity, and a significant player is emerging: the euro stablecoin. Fuelled by regulatory clarity and a strengthening euro, these digital assets are making waves. Let's dive into the dynamics of DWS, Flow Traders, and the rise of the euro stablecoin.

加密景觀充滿了活動，一名重要的參與者正在出現：歐元穩定者。在監管清晰度和加強歐元的推動下，這些數字資產引起了波浪。讓我們深入研究DWS，流動者和歐元穩定的興起的動力。

AllUnity's EURAU: A Regulated Game Changer

Allunity的Eurau：受監管的遊戲規則改變者

In late 2023, AllUnity, a joint venture involving asset management giant DWS, market maker Flow Traders, and blockchain firm Galaxy Digital, secured regulatory approval from BaFin to operate as an e-money institution. This paved the way for EURAU, a fully collateralized, euro-denominated stablecoin. This license represents a monumental stride towards the widespread acceptance of regulated digital currencies within the European Union.

2023年下半年，Allunity是一家涉及資產管理巨頭DW，做市商流動者和區塊鏈公司Galaxy Digital的合資企業，獲得了Bafin的監管批准，以作為電子貨幣機構運營。這為歐勞（Eurau）鋪平了道路，這是一個完全抵押的歐元貶值的穩定者。該許可代表著朝著廣泛接受歐盟內部數字貨幣的巨大邁進。

EURAU is backed 1:1 with euro reserves held in German bank accounts, and will be governed by the European Union’s Markets in Crypto-Assets (MiCA) regulation. AllUnity aims to provide financial institutions with the confidence and legal clarity needed to embrace tokenized euro instruments.

Eurau在德國銀行帳戶中持有歐元儲備的支持1：1，並將受歐盟的加密資產（MICA）法規統治。 Allunity旨在為擁有令牌化的歐元工具提供信心和法律清晰度。

The Euro Stablecoin Market Heats Up

歐元穩定市場升溫

Fast forward to 2025, and the euro-denominated stablecoin market is on fire. It has climbed almost 30% to nearly a $500 million mark, outperforming the expansion of dollar-backed competition. This surge is powered by macroeconomic forces, regulatory certainty (thanks to MiCA), and a resurgent euro.

快進到2025年，以歐元為基礎的Stablecoin市場著火了。它已經攀升了近30％，達到了近5億美元，表現優於美元支持的競爭。這種激增由宏觀經濟部隊，監管確定性（感謝雲母）和復興的歐元提供動力。

The euro's appreciation against the U.S. dollar is a key driver. With the European Central Bank (ECB) taking a more aggressive stance on inflation compared to the Federal Reserve, investors are seeking alternatives to the dollar. This has created fertile ground for euro-backed digital assets.

歐元對美元的讚賞是關鍵驅動力。與美聯儲相比，歐洲中央銀行（ECB）對通貨膨脹採取了更為積極的立場，投資者正在尋求美元的替代品。這為歐元支持的數字資產創造了肥沃的基礎。

EURC Leads the Charge

EURC領導指控

Circle's EURC stablecoin is leading the pack, with its supply increasing 138% to over $200 million in market value in the first half of 2025. EURC has quickly gained traction on Ethereum, Solana, and Base. While still smaller than USDC and USDT, EURC's activity is noteworthy. Other euro-backed tokens like Stasis EURS and Tether's EURT are also gaining momentum.

Circle的Eurc Stablecoin在2025年上半年的供應量增加了138％，市場價值超過2億美元。 Eurc迅速獲得了以太坊，Solana和Base的吸引力。雖然仍然小於USDC和USDT，但Eurc的活動值得注意。諸如Stasis Eurs和Tether的Eurt之類的其他歐元支持的代幣也在增強勢頭。

MiCA: The Regulatory Catalyst

雲：調節催化劑

The Markets in Crypto-Assets (MiCA) regulation by the European Union is a major catalyst for euro stablecoin growth. MiCA sets stringent standards for issuer licensing, transparency, and reserves, assuring investors that euro-denominated tokens are secure and compliant. This regulatory clarity is drawing in both retail and institutional buyers.

歐盟對加密資產（MICA）監管的市場是歐元穩定增長的主要催化劑。雲母為發行人許可，透明度和儲備金設定了嚴格的標準，以確保投資者確保歐元計數的令牌是安全且合規的。這種法規清晰度在零售和機構購買者中汲取靈感。

Can the Euro Become Crypto's Second Reserve Currency?

歐元可以成為加密貨幣的第二儲備貨幣嗎？

While euro stablecoins still represent a small fraction of the total stablecoin market, the conditions are ripe for the euro to become a significant player. The revival of the euro, MiCA's regulatory clarity, and the increasing demand for non-dollar-denominated assets all contribute to this potential.

雖然歐元穩定幣仍然代表了總穩定市場的一小部分，但歐元的條件已經成熟，成為重要的球員。歐元的複興，雲母的監管清晰度以及對非承重資產的日益增長的需求都促成了這一潛力。

The approval of AllUnity’s EURAU is a clear signal of this shift. EURAU's design, coupled with the expertise of DWS and Flow Traders, aims to provide a secure and transparent option for institutional use. Imagine a world where cross-border settlements are seamless, and financial institutions can easily integrate with regulated digital assets.

Allunity的Eurau的批准是這一轉變的明確信號。 Eurau的設計，再加上DWS和流動者的專業知識，旨在為機構使用提供安全透明的選擇。想像一個世界，跨境定居點是無縫的，金融機構可以輕鬆地與規範的數字資產集成。

So, what does all this mean? Well, it looks like the euro is ready to rumble in the crypto arena. With MiCA regulations and the strength of the euro, euro-backed stablecoins are set to reshape the future of digital money. Keep an eye on this space, folks – it's gonna be an interesting ride!

那麼，這意味著什麼？好吧，看來歐元準備在加密賽競技場隆隆。憑藉雲母法規和歐元的實力，歐元支持的穩定者將重塑數字資金的未來。伙計們，請密切關注這個空間 - 這將是一個有趣的旅程！