The euro-pegged stablecoin EURAU, developed by Deutsche Bank and DWS through their joint venture AllUnity, is expanding its reach across major blockchains using Chainlink’s advanced interoperability technology.
EURAU Expands Across Multiple Blockchains
AllUnity confirmed that EURAU will integrate with Ethereum, Arbitrum, Base, Optimism, Polygon, and Solana through Chainlink’s Cross-Chain Interoperability Protocol (CCIP) — a system that enables secure communication and token transfers between blockchains.
The move aims to enhance liquidity, accessibility, and institutional adoption of the euro-backed stablecoin within Europe’s growing digital asset landscape.
AllUnity’s CEO Alexander Höptner said the integration represents a major step toward a unified tokenized financial system:
“CCIP will allow EURAU to operate seamlessly across multiple blockchains, strengthening its utility and reach across the digital economy,” Höptner stated.
Fernando Vazquez, president of banking and capital markets at Chainlink Labs, added that this collaboration “establishes the foundation for Europe’s next generation of tokenized finance.”
A MiCA-Compliant Euro Stablecoin
EURAU is fully compliant with the European Union’s Markets in Crypto-Assets (MiCA) regulation, ensuring transparency and reserve backing for every issued token.
It is designed for enterprise-grade applications, including B2B payments, treasury management, and onchain settlement.
AllUnity’s approach aligns with Europe’s broader ambition to develop regulated stablecoin alternatives that can challenge the dominance of dollar-backed tokens in global markets.
Driving Europe’s Tokenized Future
Chainlink’s CCIP acts as a secure bridge for transferring data, assets, and messages between blockchains, allowing EURAU to interact across multiple decentralized ecosystems.
This interoperability is expected to bolster Europe’s stablecoin infrastructure and encourage wider institutional participation in blockchain-based finance.
AllUnity, backed by two of Germany’s largest financial institutions, brings significant credibility and scale to the initiative.
- DWS manages over €1 trillion ($1.67 trillion) in assets.
- Deutsche Bank holds approximately $1.647 trillion in total assets.
In July 2025, AllUnity received approval from Germany’s Federal Financial Supervisory Authority (BaFin) to issue EURAU under the MiCA framework — marking a milestone for regulated stablecoin issuance in Europe.
By leveraging Chainlink’s cross-chain framework and the backing of established financial powerhouses, EURAU is positioning itself as a cornerstone of Europe’s digital finance transformation — uniting stability, compliance, and blockchain innovation.
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.