AllUnity’s EURAU: Germany’s First MiCAR Euro Stablecoin

Published: 2025-07-31 19:23:09 |

AllUnity launched the EURAU euro stablecoin on Ethereum following a BaFin-issued EMI licence on July 1, 2025. The MiCAR-compliant token is fully backed 1:1 by euro bank deposits. Initially issued as an ERC-20 token, EURAU enables secure, 24/7 cross-border payments for fintechs, banks and enterprises. Bullish Europe will list EURAU with BTC/EURAU and USDC/EURAU pairs, while Flow Traders provides market making to ensure liquidity. Jointly created by DWS, Flow Traders and Galaxy, the token is supported by BitGo, Metzler Bank, V-Bank, DLT Finance, Fireblocks and 21X. AllUnity plans to expand EURAU to other blockchains in 2025. Euro stablecoins now represent just 0.2% of the $273 billion stablecoin market, with capitalisation at $484–587 million after a 60% rise since December 2024. EU officials, including ECB adviser Jürgen Schaaf, call for coordinated rules to boost euro digital assets.

Bullish

The MiCAR-compliant EURAU euro stablecoin benefits from full reserves, a BaFin EMI licence and institutional backing. Its Ethereum launch, listing on Bullish Europe and dedicated market making by Flow Traders ensure immediate liquidity. Expansion plans and regulatory support further underpin future adoption. These factors support both short-term trading confidence and long-term market growth for EURAU.