As stablecoin adoption grows globally, the new EURAU token from AllUnity aims to power 24/7 seamless cross-border payments.
AllUnity, a Frankfurt-based digital payments infrastructure developer, has introduced EURAU, Germany’s first euro-denominated stablecoin issued under a fully reserved model and compliant with the EU’s Markets in Crypto-Assets Regulation (MiCAR).
The company reported that it received its Electronic Money Institution license from BaFin on July 1, 2025, and immediately partnered with a consortium of European banks to act as reserve custodians for EURAU, ensuring both regulatory alignment and uninterrupted 24/7 cross-border payment capability.
Bullish Europe, also regulated by BaFin, was named as the inaugural trading venue for EURAU, which will launch on Ethereum with BTC/EURAU and USDC/EURAU pairs and plans to expand to other chains later in the year.
Alexander Höptner, CEO of AllUnity, explained that EURAU was designed to set new standards of transparency and trust through proof-of-reserves and robust reporting. He believes that a BaFin-regulated, MiCAR-aligned euro stablecoin marks a significant step forward for Europe’s financial sovereignty.
Stefan Hoops, CEO of DWS, one of AllUnity’s JV partners, also noted that it would bolster confidence among institutional, corporate, and retail participants alike.
Flow Traders’ CEO Mike Kuehnel highlighted the firm’s role as market maker, describing their support as central to ensuring liquidity and efficient market operations. Galaxy’s founder, Mike Novogratz, was cited as saying that EURAU demonstrates “what the future of money looks like: fully reserved, regulatory-first, and built for real-world utility.”
EURAU joins a growing field of euro-pegged tokens aiming to meet institutional demand and offer an alternative to USD-backed cryptocurrencies that dominate the market, raising concerns of increased dollarization that might weaken other countries’ monetary control.
Existing euro stablecoin offerings include Tether’s EURT on multiple chains, Circle’s EURC, STASIS’s EURS, and other tokens, all of which operate under varying reserve and compliance frameworks. Together, these initiatives underscore a broader industry trend toward regulated, fully reserved euro stablecoins that can support instant settlement, treasury operations, and DeFi use cases across Europe’s evolving digital markets.
