Germany’s AllUnity expands EURAU to Solana as euro stablecoins gain traction
The firm’s MiCA-compliant euro token aims to speed up euro transfers and support regulated onchain finance as the euro stablecoin market doubled since early 2025.
What to know:
- AllUnity has expanded its MiCA-regulated EURAU stablecoin to the Solana blockchain to enable faster, cheaper euro-denominated transfers.
- The move is aimed at businesses and developers who want to move euros onchain in seconds for purposes including cross-border payments, trading, lending and treasury management.
- The move comes amid rapid growth in euro stablecoins and political support in Europe, as regulators and officials push for more compliant euro-denominated digital assets and tokenized deposits.
The setup allows businesses and developers to move euros onchain in seconds. Payments firms, for example, could send cross-border payouts to contractors in real time instead of waiting days for bank transfers, and the same mechanism can also support trading, lending or treasury management using a stable euro unit.
The move reflects growing interest in non-dollar stablecoins, especially in Europe, where firms seek digital assets that meet regulatory standards. While U.S. dollar tokens dominate the $300 billion stabelcoin market, euro-pegged tokens have seen rapid growth, doubling since the start of 2025 to almost $1 billion.
