Stablecoin Frankfurt

Stablecoins in Frankfurt are digital tokens and the services surrounding their issuance and custody in the city's financial sector. A stablecoin aims to maintain its value against a reference such as the euro. Frankfurt issuer AllUnity provides the euro stablecoin EURAU, while banks and specialized providers work on services for digital assets.

The token balance and the reserves backing a stablecoin are separate parts of the arrangement. Users need reliable access to their tokens, while the issuer manages the funds used for redemptions. Banks and businesses considering these holdings therefore need to examine both the issuer's terms and the organization of custody.

The European Central Bank headquarters in Frankfurt

EURAU: a euro stablecoin built inside Frankfurt's banking system

AllUnity, founded by DWS (Deutsche Bank's asset management arm), Flow Traders and Galaxy, issues EURAU from Frankfurt under a BaFin e-money institution license. EURAU launched as a fully reserved, MiCA-compliant euro stablecoin, and it is the clearest example in Germany of a stablecoin built by established finance, not by a crypto-native startup. See stablecoins in Germany for the full reserve and license rules behind it.

Deutsche Bank and custody for institutional clients

Deutsche Bank, headquartered in Frankfurt, has named EURAU among the stablecoins it plans to hold in custody for institutional and corporate clients, alongside bitcoin and ether. A bank offering stablecoin custody from the same city where the token is issued shortens the chain a corporate treasury team has to trust: issuer, custodian and, for domestic clients, primary bank relationship can sit within a few streets of each other in Frankfurt's banking district.

Deutsche Börse's Crypto Finance and exchange-side custody

Deutsche Börse Group, also headquartered in Frankfurt, settles securities through its Clearstream and Eurex units and offers digital asset custody and staking through its subsidiary Crypto Finance. That gives Frankfurt two separate routes into stablecoin infrastructure: a bank-led one through Deutsche Bank and AllUnity, and an exchange-led one through Deutsche Börse, both regulated by BaFin from offices in the same city.

Why Frankfurt's regulators shape the stablecoin conversation

BaFin's payments and e-money supervision sits in Frankfurt, and the Deutsche Bundesbank, also based here, supports BaFin's oversight of e-money institutions. The European Central Bank, headquartered in the same city, watches stablecoins mainly through the lens of monetary sovereignty and the digital euro project it is developing as a public alternative. A Frankfurt stablecoin issuer therefore deals with more regulatory proximity than one based elsewhere in Germany, for better or worse: faster informal contact with supervisors, but also more direct scrutiny.

Upcoming stablecoin and digital money events in Frankfurt

Finance Loop and stablecoins in Frankfurt

Finance Loop is the meeting place for people who work on stablecoins and digital money in Frankfurt: bankers, exchange staff and the fintechs around them, alongside IT and AI people from the wider finance sector. Finance Loop is built in collaboration with TechQuartier.

Finance Loop supported the Bybit EU x Circle Roadshow in Frankfurt, with two panels on stablecoins, USDC and EURC, and is a partner of the Digital Euro Association, host of the Digital Euro Conference in the city. The EURAU issuer AllUnity hosts Capital & Code in Frankfurt, a conference on stablecoins, tokenized funds and payments, and Finance Loop is a media partner of Capital & Code 2026. At the Frankfurt Forum on Digital Assets and Applications, organized by d-fine at the Literaturhaus, the Bundesbank, Deutsche Bank, Commerzbank, DZ Bank and AllUnity discussed payments in DLT-based markets. Related pages: stablecoins in Germany, stablecoins in Europe and payments in Frankfurt.

Where is EURAU, the euro stablecoin, issued from?

AllUnity issues EURAU from Frankfurt under a BaFin e-money institution license. The company was founded by DWS, Flow Traders and Galaxy, and its stablecoin is fully reserved and built to MiCA's e-money token rules.

Does Deutsche Bank offer stablecoin custody?

Deutsche Bank has said it plans to custody stablecoins, including EURAU, for institutional and corporate clients, alongside bitcoin and ether. The bank runs this business from its Frankfurt headquarters.

What does Deutsche Börse offer around stablecoins?

Deutsche Börse Group offers digital asset custody and staking through its subsidiary Crypto Finance, next to the securities settlement it already runs through Clearstream and Eurex. All of it is based in Frankfurt and regulated by BaFin.

Stablecoins in Frankfurt and Finance Loop

Finance Loop is a professional network supporting the institutional use of emerging technologies in finance, such as AI, digital payments, cloud and blockchain solutions. Finance Loop helps its members build skills and personal networks in these fields: Investment & Digital Assets, Payments & Digital Money, Digital Infrastructure & Sovereignty, and Risk & Compliance.

Finance Loop connects the finance, IT and AI communities in Germany, Austria and Switzerland, with events in Frankfurt, Munich, Berlin and Hamburg. If you work on stablecoins in Frankfurt, you meet people from the same field at Finance Loop events.

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