AllUnity, a joint venture formed by DWS, Galaxy, and Flow Traders, has launched EURAU, a regulated euro-denominated stablecoin, marking a major step in Europe’s digital finance evolution.
EURAU is being touted as Germany’s first MiCAR-compliant euro stablecoin, issued under an electronic money (e-money) license from BaFin, the country’s financial regulator. The launch aligns with the European Union’s newly implemented Markets in Crypto-Assets Regulation (MiCAR), designed to standardize crypto laws across the bloc.
EURAU: A Euro-Backed Stablecoin for Institutions
Issued on Ethereum as an ERC-20 token, EURAU is fully backed by reserves held in European banks. It’s not aimed at retail investors but at financial institutions, fintech firms, and enterprise clients requiring reliable and compliant euro-denominated digital settlements.
EURAU allows for instant cross-border euro payments within a regulatory framework, filling a key gap in Europe’s stablecoin ecosystem.
Launch Details: Bullish Europe and Trading Pairs
EURAU trading kicked off on Bullish Europe, with support for BTC/EURAU and USDC/EURAU pairs. Flow Traders, a major global market maker, is providing liquidity for the stablecoin’s early market operations.
The token’s rollout highlights Europe’s shift toward regulated crypto infrastructure, as institutional players seek compliant tools for blockchain finance.
Why EURAU Matters in Europe’s Digital Finance
With most major stablecoins like USDT and USDC being USD-backed, Europe has long lacked a euro-native, regulated alternative. EURAU may change that.
As the first euro stablecoin under BaFin regulation and MiCAR, EURAU offers legal clarity, compliance, and trusted banking partnerships—something few stablecoins can claim.
Key Features of EURAU:
- Regulatory Approval: Licensed as electronic money by BaFin
- MiCAR Compliance: First euro stablecoin to meet the new EU standards
- Institutional Focus: Designed for financial firms, not retail traders
- Launch Venue: Trading live on Bullish Europe
- Trading Pairs: Paired with Bitcoin (BTC) and USD Coin (USDC)
- Liquidity Provider: Flow Traders
Europe’s Push Toward Regulated Stablecoins
As MiCAR rules continue to roll out across the EU, EURAU’s early entry gives it a first-mover advantage. It also signals growing momentum for regulated digital euro assets, especially among institutions looking for secure alternatives to USD-based stablecoins.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.