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There are also European money market funds for people who live in the Eurozone. Examples of this are DBX0AN, DBX0A2, and LYX0B6. You can buy them at any German broker.

If you speak German, check out this article about money market ETFs as an alternative to savings accounts: https://www.finanztip.de/investmentfonds/geldmarktfonds/

thanks!

r/Finanzen is the german subreddit for money. Like any subreddit it develops into something of a cult with its own culture and lingo, but it could be helpful.

You can set up a Schwab brokerage account internationally and then use it to buy money market funds.

For a German investor that's not a good option for two reasons:

1. Buying US dollar money market funds will add a whole level of currency risks which you might not want.

2. Using a foreign broker is a tax nightmare in Germany.

Apart from that the German broker market is highly competitive with multiple choices where you can buy European money market funds basically for free.