finance
AllUnity Expands MiCA-Compliant EURAU Stablecoin to Solana Blockchain
AllUnity has extended its euro-backed stablecoin EURAU to the Solana network, aiming for faster and cheaper transfers. The move supports businesses in cross-border payments and other uses amid growing euro stablecoin demand. Partners including Bullish are set to integrate the token for payments and trading.
Apr 30, 7:58 AM·1m read1 source
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AllUnity expanded its EURAU stablecoin to the Solana blockchain, enabling faster and cheaper euro-denominated transfers. EURAU is a MiCA-compliant euro stablecoin, fully reserved and issued under a regulated e-money framework aligned with EU MiCA rules.
The expansion targets businesses and developers for onchain euro movements in seconds, including purposes such as cross-border payments, trading, lending, and treasury management.
CoinDesk reported that the move reflects growing interest in non-dollar stablecoins, especially in Europe. The euro stablecoin market doubled since early 2025 to almost $1 billion. U.S. dollar stablecoin market totals $300 billion.
S&P projected the euro stablecoin market could reach 570 billion euros ($672 billion) by 2030. French Finance Minister Roland Lescure called for more euro-denominated stablecoins. Lescure also urged EU banks to explore tokenized deposits.
AllUnity is a joint venture backed by DWS, Flow Traders, and Galaxy Digital. EURAU debuted last July on Ethereum. Adding Solana offers faster settlement and lower transaction costs for euro-denominated transfers.
Payments firms could send cross-border payouts to contractors in real time using EURAU on Solana. Peter Grosskopf is the CTO and COO of AllUnity.
Partners including Bullish, Privy, Hercle, and Transak are preparing to use EURAU on Solana for payments, trading, and fiat onramps.
